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COMPOUND Interest Key words: compounded, semi-annually, quarterly, monthly, weekly, daily Will almost ALWAYS say “compounded” Total Amount = Initial Amount ( 1 or- rate as decimal/# of times compounded )^ # of times compounded * # of years #algebra #algebrareview #regentsreview #compoundinterest #math #practiceproblem #practicemakesperfect
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How to make a MILLION DOLLARS💰 in Singapore with a $125k headstart 👇🏻 Which path would YOU choose? 💰Method 1: Disciplined Saving Starting with $125k and saving $2,200/month at 2.5% interest (CPF Ordinary Account rate). Typical bank savings account interest rates will not get you there. ➡️ Safe, guaranteed, but requires iron discipline for over two decades 📈Method 2: S&P 500 Investment Park your $125k and let compound growth do the work. Historical average returns of ~10% annually means your
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