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May 31st, 2010, 01:22 PM
#1
Thread Starter
Addicted Member
Compound Interest Equation
Hello all,
I just thought I'd record this one simple equation for determining how much money you'll have in your savings account after a certain period of time.
A=P((1+i)^n)
where
A=amount of money after n periods
P=your current principal
i=interest rate
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