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2 interest 2 365 - PowerPoint PPT Presentation

2-4 Explore Compound Interest

2-4 Explore Compound Interest. Advanced Financial Algebra. What is Compound Interest?. Principal (the amount of $ you deposit) increases each time interest is added to the account. Compound interest is when you earn interest on your principal AND on the interest that you already earned.

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2 interest 2 365 - PowerPoint PPT Presentation

2-4 Explore Compound Interest