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how to find compound interest

Guest Jul 28, 2017
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Hello guest, welcome to Web.2.0 =)

A=P(1+r/n)^nt  

This would be the formula for finding compound interest.

P would equal how much you borrow or deposit.

r would equal a decimal of your rate of interest

t would equal how many years your borrowed or deposited value has been in/out for

n would equal how many times the interest was compunded in a year

A would equal the ammount of money and interest owed/accumulated in n years

 

Sorry this is late '=)

Trincent  Jul 28, 2017

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