How to Calculate Compound interest| Grade 12 Financial Mathematics
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How to Calculate Compound interest| Grade 12 Financial Mathematics
This short video on grade 12 financial mathematics explained how to calculate Compound interest. To calculate Compound interest, the formula (A = P(1 + i)^n is used. A is the final amount after investment, P is the principal amount, and i is the interest rate and n is the time period of compounding periods annually.
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