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With the instructions in this video, you can calculate how much you are going to have after investing in a certificate of deposit (or CD) for a while. Interest is compounding on a daily basis usually so the longer you invest your money in a certificate of deposit,  the more money you are going to have. How much you will have will also depend on the interest rate of your certificate of deposit. This video discusses a formula for calculating your certificate of deposit. Just plug in the numbers of your investments into the formula shown here and you are going to have the value of your certificate of deposit.

Calculating a CD, or certificate of deposit, can be illustrated by the formula, A equals P times one plus R over 365, all of which is taken to the Nth power. Find out how much a certificate of deposit is worth withlessons from a math teacher in this free video on math calculations for daily life. Expert: Jimmy Chang Bio: Jimmy Chang has been a math teacher at St. Pete College for nearly a decade. He has a master’s degree in math, and his specialties include calculus, algebra, liberal arts …

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