How do you calculate compound interest? Please help me understand this

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asked Apr 8, 2021 11.1k views

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OlivierM · Answer 1 · 2021-04-12T11:26:49+0000

Answer:

Compound interest is calculated by multiplying the initial principal amount by one plus the annual interest rate raised to the number of compound periods minus one

Explanation:

i just did it

How do you calculate compound interest? Please help me understand this

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