MS EL031b Calculating Compound Interest

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How to calculate the Future Value of a lump sum when interested is compounded. Where does the formula FV = P(1+r)^n come from and what does it mean? Examples where interest is compounded monthly and quarterly.

A Math Short: Algebra Basics video by Shahriar Shahriari

Shahriar Shahriari is the William Polk Russell Professor of Mathematics at Pomona College, in Claremont California, USA
  1. Shahriar Shahriari
  2. Exponents
  3. Short Math Video
  4. Mathematics
  5. Algebra
  6. Pomona College
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