Compound Interest Lesson

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1

Compound Interest

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What is Compound Interest?

interest calculated on the initial principal, which also takes into account all f the accumulated interest of previous period of a deposit or loan.

3

What is the formula in compound interest?

A\ =\ P\ \left(\ 1\ +\ \frac{r}{n}\right)^{nt}

where A = amount

Compound Interest

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