How do you use this formula???
2 answers:
Answer:
Step-by-step explanation:
A = P ( 1 + r)^ n
This formula is used to find the Amount in Compound interest.
P --- Principal - the value we are depositing or taking loan
r - rate of interest
n --- number of years
A- amount that we get after n years or the loan to paid after n years
Answer:
Arithmetic Finance.
Compound interest
Step-by-step explanation:
when you're given the year sequence, principal and rate.
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