HomeCompound Interest

Compound Interest

Use the compound interest formula: A = P(1 + r/100)^n Identify the values of A, P, and n Rearrange the formula to isolate r: A/P =...

Use the compound interest formula: A = P(1 + r/n)^(nt) Rearrange it to isolate the rate: r = n Identify the known values: A = final amount P...