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find the interest and the total amount for $825 invested for 10 years at 4% APR compounded annually
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Start off with the compound interest formula \[A_{0}(1+\frac{ r }{ n })^{nt} = A \]
Where A0 is your initial investment
is there a compound interest calculator
\[825*(1+\frac{ .04 }{ 1 })^{10} = ?\]
@pphalke what did you get as an answer?
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