1.8                Compound Interest : Amount And Present Value

The applet below simulates the spreadsheet used to investigate compound interest on page 66, example one. You can type in an amount from the principal in dollars (do not include the $ sign or a decimal). Choose your interest rate and time of investment, hit recalculate, and the investment will be mapped out for you. The applet compounds the interest yearly. You can simulate other compound periods by treating the rate as rate per period and time as number of periods.

 

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