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IB
Maths HL
Compound Interest
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Created by
Will Shackel
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Cards (8)
n is number of
periods.
I% is
interest rate
PV is the
principal
/
present value
PMT
is the
payment
FV is the
final amount
/
future value
P
/
Y
is
payments
per
year
C / Y
is
compounds per year
An
annuity
is when
money
is
spent
or
received.