compound interest formula
Compound Interest
The simple interest formula is linear: I = P r n I=Prn I=Prn while the compound interest formula is non-linear: A = P n A=P^{n} A=Pn in
เว็บไซต์ compound interest formula The simple interest formula is linear: I = P r n I=Prn I=Prn while the compound interest formula is non-linear: A = P n A=P^{n} A=Pn in formula1688 Compound Interest Formula · PV = Present Value · r = Interest Rate · t = Term in Years · n = Number of Compounding Periods The number of compounding
compound interest formula Apply the Compound Interest Formula for monthly Compounding Interest In the real world, interest is often compounded more than once a year In many cases, it Key Takeaways · Compound interest is the interest computed on the sum of the initial investment amount and its accumulated interests · The Compound interest, or 'interest on interest', is calculated using the compound interest formula A = P*^ , where P is the principal