You decide to invest 6000 for 5 years and have a choice between two accounts. Tap for more steps. Once you have those you can go through the process of calculating compound interest.
Divide each term in P 1 r n n t A P 1 r n n t A by P P.
Divide each term in P 1 r n n t A P 1 r n n t A by P P. Calculates principal accrued principal plus interest rate or time periods using the standard compound interest formula A P1 rt. A P1 rt Compound Interest. P 1 r nnt A P 1 r n n t A.