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Posted by **J** on Wednesday, February 9, 2011 at 12:22am.

Principal $825. Rate 4%. Compounded Annually. Time 10 years.

- Math -
**MathMate**, Wednesday, February 9, 2011 at 9:13amWhat is required?

Try:

Amount=Principal(1+rate)^(number of periods)

For example:

amount = 825*(1+0.04)^10

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