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April 26, 2015

Homework Help: Mathematics

Posted by David on Sunday, March 8, 2009 at 1:43pm.

My teacher gave us this equation, and I can't remember how to use it. It's for Simple and Compound Interest.

Future Value=d[((1+i)^n-1)/i]
d=deposit each time period
i=rate per time period
n=number of time periods

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