Compound Interest 7.RP.A.3 Grade 7 SBAC Practice Test Questions TOC | Lumos Learning

Compound Interest 7.RP.A.3 Question & Answer Key Resources Lumos StepUp - Smarter Balanced Online Practice and Assessments - Grade 7 Mathematics

Lumos StepUp - Smarter Balanced Online Practice and Assessments - Grade 7 Mathematics Compound Interest

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Jose invested $10,000 in a bank for 2 years at the rate of interest 5% p.a. compounded annually. Sam invested a certain sum in another bank for 2 years, which paid him only simple interest at the rate of 10% p.a. Both Jose and Sam got the same amount of interest. Find the sum invested by Sam?

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