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?The Power of Compounding\". EXAMPLE?Investments. Your Grandma put $100 under her mattress 60 years ago. If she invested in a bank account paying 4.5% interest compounded yearly, how much would it be now?. A=Px(1 APR)^Y= $100 x (1 .045)^60. =$100 x (1.045)^60. $1402.74. Compound Interest Formula: Pa

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