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compound interest formula solving for p. I would choose option 1. It allows us to move the n in the power and change it to a multiplier.
Practice Applying Compound Interest Formulas With These Word Problems Word Problems Word Problem Worksheets Simple Word Problems from www.pinterest.com
The Compound Interest Formula. The compound interest formula is A P1rn to the power of nt Compounding Interest Pros and Cons. Lets solve a few compound interest problems.
Calculate Accrued Amount Principal Interest A P 1 rt.
However your bank has two different plans. Lets solve a few compound interest problems. Calculate Accrued Amount Principal Interest A P 1 rt. The formula given below can be used to find accumulated value in CI.