Which of the following can be used to find compound interest?
- The formula for compound interest is A = P(1 + r/n) (nt), where P is the principal balance, r is the interest rate, n is the number of times interest is compounded per time period and t is the number of time periods
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Answer:
Question:
Which of the following can be used to find compound interest?
- The formula for compound interest is A = P(1 + r/n) (nt), where P is the principal balance, r is the interest rate, n is the number of times interest is compounded per time period and t is the number of time periods
Step-by-step explanation:
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