how to find time in compound interest please say guys without any kind of silly answer!!
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Answered by
1
Answer:
Continuous Compounding Formulas (n → ∞)
Step-by-step explanation:
Calculate Accrued Amount (Principal + Interest) A = Pert
Calculate Principal Amount, solve for P. P = A / ert
Calculate rate of interest in decimal, solve for r. r = ln(A/P) / t.
Calculate rate of interest in percent. R = r * 100.
Calculate time, solve for t. t = ln(A/P) / r.
Answered by
0
Answer:
A=P(1+r/n)nt
Step-by-step explanation:
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
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