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how to solve for the maturity value of compound interest. How to find the Future Value when interest is compounded. N is the number of compounding intervals since the time of the date of deposit till maturity.
How Does Compound Interest Work For A Loan Video Compound Interest Algebra Ii 8th Grade Math from www.pinterest.com
The interest rate and number. YES there is a mistake in this video. A is the future maturity value P is the investments present value r is the investments interest rate t is how many years until maturity and n represents the number of times a year the interest is compounded.
The interest rate and number.
For example monthly compounding will have higher maturity value than semiannual compounding given the same rate. Higher the frequency higher will be the maturity value. My apologies but it doesnt change the fact that this vid. The bank gives you a 12 interest rate and compounds the interest every 2 months.
