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10 cards from this deck
Extra money earned investing or paid borrowing
Linear - same amount added each period
A=P(1+in)A = P(1 + in)A=P(1+in)
Exponential - interest on interest
A=P(1+i)nA = P(1 + i)^nA=P(1+i)n
Principal (original money invested or borrowed)
Interest rate as decimal (e.g., 8% = 0.08)
Simple interest
Compound interest
Price of one currency in terms of another
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