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what does n mean in ap1rnnt. Cheers Stan H. 006 n of times per year interest is compounded t number of years invested Simplified Compound Interest Equation When interest is only compounded once per year n1 the equation simplifies to.
Compounding Interest Formulas Calculations Examples Video Lesson Transcript Study Com from study.com
N stands for number of times interest is compounded per year. A is the amount after n year given the interest rate i. A is the future value of investmentloan including interest earned.
A Pert Enumeration.
You use it to determine by how much a given amount will grow at a given interest rate if invested for a certain period of time. Cancel the common factor of. Start studying A P1rnnt. The formula is based on the assumption that interest earned is reinvested ie.
