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Old 10-06-2007, 08:51 AM  
HighRoller
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Join Date: Feb 2003
Location: MN
Posts: 1,037
math question formula daily interest

http://www.finance.cch.com/text/c10s10d030.asp


Under the example part

I understand the formula I believe but for this part:

F = $1,000 x (1.00833)36

F = $1,000 x (1.34802)


How did he get that 1.34802 on that page, that I can't figure out

1.00833 * 36 doesn't = that.
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