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Section 3.1
50 & 52
I need the formula to do this. Thanks.
50 & 52
I need the formula to do this. Thanks.
did you read anything before you go with this question
The formula for compound interest is P (1 + r/n)^(nt), where P is the initial principal balance, r is the interest rate, n is the number of times interest is compounded per time period and t is the number of time periods.
did you read anything before you go with this question
The formula for compound interest is P (1 + r/n)^(nt), where P is the initial principal balance, r is the interest rate, n is the number of times interest is compounded per time period and t is the number of time periods.