COMPOUND INTEREST

COMPOUND INTEREST compound interest formula { A = P n t Use the compound interest formula A = 3000 4 ⋅ 10 Substitute using given values ≈ Round to two formula 1688 Compound interest is taken from the initial – or principal

formula 1688 t = time in years If the interest is compounded yearly, n is 1 If the interest is compounded semi-annually, n is 2 If the interest is compounded quarterly, n

distance formula Compound Interest · Calculate the Interest · Add the Interest to the Loan at Start to get the Loan at End of the year · The In the second month, it is calculated on the R10 000 plus the interest you have earned In the third month on the R10 000 plus the interest you have earned in