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Topic	Can someone explain compounding math to me?
Dr_Football 11/28/20 9:18:14 PM #3:	Its weirdly phrased but a 100% interest on $100 would give you a total of $200. And then 100% again would give you a total of $400. Which would equal a 300% interest rate on the initial $100 --- azuarc won the Guru. I did not. <cite>Dr_Football posted [p:947711742] in Can someon... [t:79141618]...</cite> <quote>Its weirdly phrased but a 100% interest on $100 would give you a total of $200. And then 100% again would give you a total of $400. Which would equal a 300% interest rate on the initial $100 --- azuarc won the Guru. I did not.</quote> ... Copied to Clipboard!
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