Solving Compound Interest Problems What is Compound Interest? If you walk into a bank and open up a savings account you will earn interest on the money you deposit  ...
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...Solving compound interest problems what is if you walk into a bank and open up savings account will earn on the money deposit in calculated once year then called simple more than per it formula mathematical for calculating depends several factors these include amount of deposited principal annual rate decimal form number times compounded years left lead to nt fv future value p r o c or n e t time solve we need take given information at plug missing variable method used problem depend are trying find use logarithms because an exponential equation equations with different bases requires examples now let s few example paying quarterly how much be after giving order operations simplify has decimals keep as many possible until final step round your answer two places there monthly would todayat have divide last solved either when mostly calculator exercise careful not try type too one store do off soon may slightly dealing people want every cent they deserve next remember that common logarit...