3 years ago

How to solve for P in a compound interest formula?

Mathematics

1 answer:

swat323 years ago

6 0

Calculation. Formula.

P (1 + r/n)^(nt)

Calculate accrued amount. Principal + Interest. A = P(1 + r)t

Calculate principal amount. Solve for P in terms of A. P = A / (1 + r)t

Calculate principal amount. Solve for P in terms of I. ...

Calculate rate of interest. As a decimal. ...

Calculate rate of interest. As a percent. ...

Calculate time. Solve for t.

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