laramontero2210
laramontero2210 laramontero2210
  • 03-06-2021
  • Mathematics
contestada

How do you use this formula???

Please be specific.

I'll give you brainlist, I PROMISE!

A=P(1+r)^n​

How do you use this formulaPlease be specificIll give you brainlist I PROMISEAP1rn class=

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ezekielisioma04
ezekielisioma04 ezekielisioma04
  • 03-06-2021

Answer:

Arithmetic Finance.

Compound interest

Step-by-step explanation:

when you're given the year sequence, principal and rate.

Answer Link
devishri1977
devishri1977 devishri1977
  • 03-06-2021

Answer:

Step-by-step explanation:

A = P ( 1 + r)^ n

This formula is used to find the Amount in Compound interest.

P --- Principal - the value we are depositing or taking loan

r - rate of interest

n --- number of years

A- amount that we get after n years or the loan to paid after n years

Answer Link

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