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compound interest rate formula pdf. What was the amount of the initial investment. 8 years Step 1 Write the compound interest function for this situation.
Pdf Compound Interest Formula And Examples In Hindi Pdf Pdfexam from pdfexam.com
We saw above that 1 compounded continuously at 6 produces 1061836 at the end of one year. A P1 rn nt. R 1 r m m 1.
4000 invested at a rate of 3 compounded monthly.
R d 1dn Discount rate in terms of interest rate. R d 1dn Discount rate in terms of interest rate. I PRT 5000 11 90 360 13750 b. Then find the balance after the given number of years.
