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Exponential Growth & Decay
Initial Amount:
Annual interest:
1000
5%
Time in years:
Current Amount:
10
2000
Compounded Biannually:
Compounded Biannually:
Compounded Biannually:
Compounded Biannually:
Compounded Biannually:
A = P (1+r/n)^(n*t)
2000 = 1000 (1+.05/1)^(1*10)
2000 = 1000 (1+.05/2)^(2*10)
2000 = 1000 (1+.05/4)^(4*10)
2000 = 1000 (1+.05/12)^(12*10)
2000 = 1000 (e)^(.05*10)
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