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9 Cards in this Set

  • Front
  • Back

A

New or current amount

P

Principal (initial value)

R

Interest rate (decimal form)

N

# of times interest is compounded per year

T

Time in years

Compounded 1x a year

Annually

Compounded 4x a year

Quarterly

Compounded 12x a year

Monthly

Compounded 2x a year

Semi annually