The Formula Ap1rnnt Can Be Rearranged Complete Guide

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the formula ap1rnnt can be rearranged. A P1 r n nt where P is the principal r is the annual interest rate expressed as a decimal n is the number of times per year the interest is compounded A is the balance after t years. Solve for r AP1rt Rewrite the equation as.

Evaluate N N R When Br I N 6 R 2 Br Ii
Evaluate N N R When Br I N 6 R 2 Br Ii from doubtnut.com

R the compounding interest rate. LENOVO USER Created Date. P colorredprt a colorredprt a - p get rid of p by -p prcolorredt a - p get rid of x pr by pr t a - ppr.

Divide each term by and simplify.

Which helps us find the principal amount. The formula for compound interest is P 1 rnnt where P is the initial principal balance r is the interest rate n is the number of times interest is compounded per time period and t is the number of time periods. Divide each term by and simplify. You can put this solution on YOUR website.