Handout

Math Is Fun: Compound Interest Formula Derivations

Curated by ACT

Looks at how the formula for calculating the effect of compound interest is derived and how it is used to create formulas for finding the Future Value, the Present Value, the Interest Rate, and the Number of Periods. Includes lots of examples.

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Classroom Considerations
  • Knovation Readability Score: 1 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional