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se the following summary of notation used for simple and compound interest to answer the...

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Calculus

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se the following summary of notation used for simple and compound interest to answer the PV principal or present value FV future or maturity value Tannual stated or nominal interest rate t number of years m number of compounding periods per year interest rate per period i n total number of compounding periods E effective rate APY What is the difference between r and i he annual interest rate r is only equal to the interest rate per period i if interest is compoun therwise i

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