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  • Worksheet On Compound Interest

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    Kurt So
    7 views3 pages
    This worksheet demonstrates how compound interest works by showing the growth of an initial $5,000 investment over 10 years when earning 10% annual interest. The interest earned each year is added to the running balance, so more interest is earned on interest from previous years. By the 10th year, the investment has grown to $25,949.37 through the power of compounding interest.

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    Worksheet_on_Compound_Interest_

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    This worksheet demonstrates how compound interest works by showing the growth of an initial $5,000 investment over 10 years when earning 10% annual interest. The interest earned each year is added to the running balance, so more interest is earned on interest from previous years. By the 10th year, the investment has grown to $25,949.37 through the power of compounding interest.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views3 pages

    Worksheet On Compound Interest

    Uploaded by

    Kurt So
    This worksheet demonstrates how compound interest works by showing the growth of an initial $5,000 investment over 10 years when earning 10% annual interest. The interest earned each year is added to the running balance, so more interest is earned on interest from previous years. By the 10th year, the investment has grown to $25,949.37 through the power of compounding interest.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Worksheet on Compound Interest

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