Step-by-step explanation:
Using the interest formula I = Prt, we can derive a formula for the future value, since A = P + Prt, or after factoring out P on the right hand side, A = P(1 + rt)
Copyright © 2024 EHUB.TIPS team's - All rights reserved.
Answers & Comments
Step-by-step explanation:
Using the interest formula I = Prt, we can derive a formula for the future value, since A = P + Prt, or after factoring out P on the right hand side, A = P(1 + rt)