Question: 1. What does it mean to compound interest? How does compound interest differ from simple interest? 2. What is compounded value and what is discounted

1. What does it mean to compound interest? How does compound interest differ from simple interest?

2. What is compounded value and what is discounted value? How do they differ?

3. How future value changes with interest rate and number of compounding periods?

4. How present value changes with interest rate and number of compounding periods?

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