what is the coumpound interest formula

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what is the coumpound interest formula

Guest Apr 15, 2015

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Best Answer

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a= p(1+r/n)^nt

p=initial investment

r=interest rate as decimal

t=number of years

n=number of times the interest rate is compounded

Guest Apr 15, 2015

1⁺⁰ Answers

+5

Best Answer

a= p(1+r/n)^nt

p=initial investment

r=interest rate as decimal

t=number of years

n=number of times the interest rate is compounded

Guest Apr 15, 2015

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