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There is a ____ relationship between the interest rate used to compound a present sum and the future

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Oct 22nd, 2017

Let P be the present value.

Let r be the interest rate.

Let n be the number of years.

Let A be the amount after n years.

Then

A= P(1+r/100)n


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Oct 22nd, 2017
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Oct 22nd, 2017
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