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The concept that your interest grows upon interest and is continually added to your principal. When you add interest to the principal. This formula calculates
The concept that your interest grows upon interest and is continually added to your principal. When you add interest to the principal. This formula calculates a future value amount based upon the present value of a lump sum. This formula calculates the cash flow payments to be received in the future. The rule that estimates how long it will take to double your investment. This formula calculates the current value of an asset that you will receive in the future. The act of taking a future value and converting it to today's value. This formula calculates the value of an asset today of a stream of cash flows one will receive in the future. An account in which the financial institution rewards you money based off of interest and the amount of time you invest in that account. This formula calculates Simple Interest ||| ||| E III ||| E E III ||| l=pxrxt Present Value of an Annuity Compounding Interest Bearing Account. Future Value of an Annuity Rule of 72 Present Value Future Value of a Lump Sum Compounding Interest Discounting X X X X X X X X X X
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