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how to do compound interest gcse maths. To work out how much is owed after four years we would then have to multiply this amount by 115 a further 3 times. This video shows you how to calculate simple and compound interest.
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Calculate the interest on borrowing 40 for 3 years if the compound interest rate is 5 per year. This time the question uses the formulaAmount after n years. This video shows you how to calculate simple and compound interest.
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FV PV 1r n. The basic formula for Compound Interest is. How to calculate compound interest using a formula - YouTube This is the second video dealing with GCSE compound interest question. N Number of Periods.
