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Compound Interest Variables Fundamental to Compound Interest ●Rate of Interest Number of Time Periods Present Value Future Value Illustration 6-6 Present Future Value Interest Value 0 2 3 4 5 Number of Periods Chapter 6-13 LO 4 Identify variables fundamental to solving interest problems.Chapter 6-13 Rate of Interest Number of Time Periods Present Value Future Value Variables Fundamental to Compound Interest
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