P the principal. Formulas given to solve for principal interest rates or accrued investment value or number of periods. Also round answers to the nearest cent find the accumulated value of an investment of 25000 for 5 years a.
A 1000000 1 000322916712 12 75 A 1336637.
Period can be months quarters years etc. Divideeach termby and simplify. N the number of compounding periods each year. Use the formulas A P 1 rn nt and A Pe rt to solve this problem.