Compound Growth and Decay
- Created by: CerinaClocks
- Created on: 29-01-23 16:10
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What is Compound Interest or Compound Growth and Decay?
It is finding the percentage of the starting number and adding that to the starting number to get a new number then find the percentage of the new number which is added to the new number.
N=No x (1+%/100)^n [this is for interest or growth] or N=No x (1-%/100)^n [this is for decay or depreciates]
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