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Compound interest calculations

Lesson 11 / 13

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Lesson outcome

I can carry out compound interest calculations.

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Compound interest is recalculated at each stage. By considering the calculations for compound interest, you can be more efficient. Through understanding the structure, you can reverse the calculations to find the original amount. Calculators are very useful here as they can be programmed efficiently.

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This content is by Cashar and published under an open licence.