compound interest formula

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compound interest formula   compound interest calculator This algebra & precalculus video tutorial explains how to use the compound interest formula to

compound interest Compound Interest Formula · Compound Interest = Amount – Principal · CI = P · Where, · Compound Interest = A – P · Compound Compound interest is calculated by taking the interest earned and adding it to the principal amount for the next interest earning period of time.

compound sentence The formula for calculating compound interest is P = C nt – where 'C' is the initial deposit, 'r' is the interest rate, 'n' is how frequently interest m=Nk m = N k How did we get m=Nk m = N k ? Recall that m m represents the number of compounding periods that an investment remains in the account, and k k

compound interest formula However, it is much more useful in most cases to use the simplified formula B=P because it leads to the formula for a much more common m=Nk m = N k How did we get m=Nk m = N k ? Recall that m m represents the number of compounding periods that an investment remains in the account, and k k

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