Access Point #: MA.912.F.1.In.c (Archived Access Point)


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Add the amount of a loan and amount of interest charged to determine the total amount of money to be repaid.

Clarifications:

Amounts to $1000.00.

Number: MA.912.F.1.In.c Category: Independent
Date Adopted or Revised: 09/07 Standard: Simple and Compound Interest : Simple and Compound Interest

Related Benchmarks

Name Description
MA.912.F.1.3: Demonstrate the relationship between simple interest and linear growth.



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