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r019h
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formula for simple interest is A= P(1+r)^n, right? what is 03 Nov 2007, 17:14
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formula for simple interest is A= P(1+r)^n, right?

what is the formula for compound interest?



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beckee529
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formula for simple interest is A= P(1+r)^n, right? what is 03 Nov 2007, 17:27
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r019h
formula for simple interest is A= P(1+r)^n, right?

what is the formula for compound interest?
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just remember prt

for compound interest:

A = P (1 + r/n)^nt

r= rate
n = # of times compounded
t= time (# of years)
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sportyrizwan
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formula for simple interest is A= P(1+r)^n, right? what is 04 Nov 2007, 13:26
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Beckee is right...



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Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
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