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When they said compounded, do they mean that the money will be added or removed?

do you have any options

Nope, it's an essay answer

do you know the compound interest formula...?

So when they say "compounded" is it added ?

A = P(1 + r/n)nt

because the interest is added to the principal and reinvested.... is a a very basic explanation

that seems to be the correct formula... you would need to express r as a decimal

are the interest rates 4% and 6% per annum or p.a.?

4% quarterly, so every 3 months. 6% is monthly

I understand now, thank you so much, I think I can get it from here

I was confused on the "^nt" area but looking at what you gave made me realize it.

@campbell_st Wait, the formula was A = P(1 + r/n)nt but you made as A = P(1 + r)nt. Which one is it?