Compound Interest

Compound Interest compound interest formula

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formula1688 Compound interest is more complex than simple interest It lets you gain value on the principal and accumulated interest A=P^nt  What is Compound Interest? · I = Interest amount This is the extra amount that is added to the original · P = Principal amount This is the original amount  The EFFECT function returns the compounded interest rate based on the annual interest rate and the number of compounding periods per year The formula to

รับจ้างเปิดบัญชี { A = P n t Use the compound interest formula A = 3000 4 ⋅ 10 Substitute using given values ≈ Round to two