How Do You Use the Formula for Compound Interest?

Money, money, money. Love it! You want to earn interest on what you put into your bank account. So you make an investment to earn compound interest and you want to know how much money you will have in 60 months. Well, there's a formula you can use. So, just plug in all you know into that formula and solve it.

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Grade
8th - 10th
Subjects
Math
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Videos
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