Register

Frank deposits $10,000 in an account with an annual compound interest rate of 6%. what should be the function for this???

Frank deposits $10,000 in an account with an annual compound interest rate of 6%. what should be the function for this???
asked 19.6k views
0 votes
Frank deposits $10,000 in an account with an annual compound interest rate of 6%. what should be the function for this???

asked
User Ziezi
by
7.9k points

1 Answer

3 votes
A=p(1+r)^ t
A=future value
P= present value
R= interest rate
t= time
answered
User Xkill
by
7.9k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!