# CCGPS CA 1.1.2 Example 3

- Author:
- Walch Education

Money deposited in a bank account earns interest on the initial amount deposited as well as any interest earned as time passes. This compound interest can be described by the expression , where represents the initial amount deposited, represents the interest rate, represents the number of months that pass. How does a change in each variable affect the value of the expression?

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