A P 1 r n n t A 1 n t P 1 r n n t 1 n t A 1 n t P 1 n t 1 r n n t 1 n t A 1 n t P 1 n t 1 r n A 1 n t P 1 n t 1 r n. You decide to invest 6000 for 5 years and have a choice between two accounts. The second pays 35 per year compounded continuously.
Calculates principal accrued principal plus interest rate or time periods using the standard compound interest formula A P1 rt.
Suppose one makes a payment of R at the end of each compounding. R 003875 per year Then solve our equation for A. Rewrite the equation as P 1 r nnt A P 1 r n n t A. Suppose one makes a payment of R at the end of each compounding.