Solver Compound Interest Solver
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Word Problems: Money, Business and Interest
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jim_thompson5910(13787)
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Compound Interest Solver
Using the general compound interest formula
Plug in your specified values for each variable
For instance, if you invest $240,000 at 1.5%, which is compounded 12 times a year for 10 years, you can find the amount of money accumulated by entering the following values:
Principal (amount invested): p=$
Interest Rate (the percentage): r=
%
Compounding Frequency (in number of times per year): n=
Time : t=
years
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