Simple and Compound Interest Worksheet
Compound Interest. Compound interest. is . ... assuming compound interest. For example, in Illustration 2, $1,295.03 is the future value of the $1,000 investment earning 9% for three years. The $1,295.03 could be determined more easily by using the following formula: ... The demonstration problem in Illustration 5 shows how to use Table 1. ................
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