What is the correct formula for Compound Interest , CI=FV-PV, CI=FV+PV, What does FV mean, Future value , Present value , Simple interest is interest calculated only on the original amount of money , ✅, ❌, Semi annualy is every , 6 months , 12 months , thirdly is every , 3 months , 4 months , What is the type of 3 months , thirdly, quarterly , calculate the Number of period (6)if it compound to semi annually , 6*12=72, 6*2=12 , Calculate the interest rate (8) compounded quarterly , 2, 1.25.
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Compound interest
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