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Mathematics, 18.03.2020 20:57 kierraivey
Invested, r is the interest rate as a decimal, n is the number of times compounded annually, and t is the number of years. A person is investing $1000 at an interest rate of 12% interest for 25 years, and is curious how much difference the number of compounds (n) increases the value of the account after 25 years.
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