The formula we use to find compound interest is A P1 rnnt. This video contains plenty of. A 2000 1 003 1 2060.
A P 1 r t where P is the initial amount principal r is the rate and t is time in years.
A P 1 r t where P is the initial amount principal r is the rate and t is time in years. A 5000 110 3. This formula makes use of the mathemetical constant e. There are other types of questions that can be answered using the compound interest formula.