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compound interest formula general mathematics. There are other types of questions that can be answered. For example lets say that you have 1000 to invest for three years at a 5 percent compound interest rate.
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Whats New Suppose you won 1000000 and you plan to invest if for 5 years. They are classified as functional maths meaning that you might use this type of calculation in real life. A High School Math Refresher.
Where the amount is given by.
Compound interest using a formula questions are fairly popular on GCSE mathematics papers usually around question 10 in the middle of the paper. The value after 2 years will be 360639. Several formulas were introduced to solve problems involving simple interest. The amount of.
