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Principal Amount Annual Interest rate Interest Periods per Year (n) Total Time (t) Compound Interest Example: $825.00 5.75% 2 6 a YOU DO $ 3,

Principal Amount Annual Interest rate Interest Periods per Year (n) Total Time (t) Compound Interest Example: $825.00 5.75% 2 6 a YOU DO $ 3, 137.85 6 S a b 6% Solution: P=r= n=_ta A=P(1+5)* n

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