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5:19
YouTube
3minutemaths
How to calculate compound interest using a formula
This is the second video dealing with GCSE compound interest question. This time the question uses the formula: Amount after n years = (starting amount) x (multiplier)^n "Raj invested £4500 for 3 years in a savings account. He was paid 4% compound interest per year. How much did Raj have in his savings account after 3 years?" I hope the video ...
96.8K views
Jul 19, 2013
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