Compound Interest

Click on the value "year" in the algebra window and press the arrow keys to change its value. How does the amount grow as year increases? Change the value of principal or r and compare the growth of the amount.

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Arthur Lee, 08/05/2006, Created with GeoGebra

The compound interest calculator in Webmath provides very detailed steps in the calculation:

http://www.webmath.com/compinterest.html