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Compound Interest Word Problems



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In this lesson, we will learn how to solve a compound interest formula word problem. The compound interest formula is given as: A =  P(1 + r/n)(tn), where A is the future value, P is the present value or principal amount, r is the rate as a decimal, n is the number of compounding periods in a year, and t is the number of years.
Compound Interest Word Problems:
Videos:
YouTube - Video YouTube - Video
Text Lessons:
CK-12 - Text Lesson Purple Math - Text Lesson
Worksheets:
Khan Academy - Practice
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