Question

Formula for Compund Interest​

Answer 1

Answer:

A = final amount

P = initial principal balance

r = interest rate

n = number of times interest applied per time period

t = number of time periods elapsed

Compound interest is calculated by multiplying the initial principal amount by one plus the annual interest rate raised to the number of compound periods minus one.

Answer 2

A=p(1+ r) nt

.......

n

A= Finial account

P= intinal principal balance

R=intrest rate

N=number of time intrest appilied per time period

T= number of time periods elasped

Hope it's help you.