compound interest formula

compound interest formula   Dan conflict of interest

The formula for simple interest is, =100, where is the principal amount, r is the interest rate, and t is the time period

Compound interest is interest calculated on an account's principal plus any accumulated interest If you were to deposit $1,000 into an account Determine how much your money can grow using the power of compound interest * DENOTES A REQUIRED FIELD Calculator Step 1: Initial Investment

นิออน อิสรา { A = P n t Use the compound interest formula A = 3000 4 ⋅ 10 Substitute using given values ≈ Round to two The Four Formulas · FV = Future Value, · PV = Present Value, · r = Interest Rate , and · n = Number of Periods