All formulas in compound interest please
Answers
Step-by-step explanation:
Calculate Accrued Amount (Principal + Interest) A = P(1 + r)t
Calculate Principal Amount, solve for P. P = A / (1 + r)t
Calculate rate of interest in decimal, solve for r. r = (A/P)1/t - 1.
Calculate rate of interest in percent. ...
Calculate time, solve for t.
answer.
Compound interest formula (with regular contributions)
Compound interest formula (with regular contributions)A = the future value of the investment/loan, including interest.
Compound interest formula (with regular contributions)A = the future value of the investment/loan, including interest.P = the principal investment amount (the initial deposit or loan amount)
Compound interest formula (with regular contributions)A = the future value of the investment/loan, including interest.P = the principal investment amount (the initial deposit or loan amount)PMT = the monthly payment.
Compound interest formula (with regular contributions)A = the future value of the investment/loan, including interest.P = the principal investment amount (the initial deposit or loan amount)PMT = the monthly payment.r = the annual interest rate (decimal)
Compound interest formula (with regular contributions)A = the future value of the investment/loan, including interest.P = the principal investment amount (the initial deposit or loan amount)PMT = the monthly payment.r = the annual interest rate (decimal)n = the number of times that interest is compounded per unit t.✔️