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March 28, 2017

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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

  • Mathematics - ,

    Oh, these are the variable inputs.

    d=deposit each time period
    i=rate per time period
    n=number of time periods

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