How Do You Use the Formula for Compound Interest?

How Do You Use the Formula for Compound Interest?

Note:

If you already have a bank account or if you plan to have one in the future, then this tutorial is a must see! Follow along as this tutorial goes through a word problem involving compound interest.

Keywords:

  • compound interest
  • interest
  • principal
  • principal plus past interest
  • new balance
  • over time
  • compound