asked 105k views
5 votes
What is the formula for finding compound interest

2 Answers

2 votes

A = P_(0)(1 + (r)/(n))^(n * t)

where
A = is the final amount

P_(0) is the initial principal
r is the rate as a decimal
n is the number of times compounded in a year
t is the time in years
answered
User Carlos Paulino
by
8.3k points
4 votes
A=P(1+r/n)^nt is the formula for finding compound interest
answered
User LiamH
by
7.9k points

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