52389 What is the future value of the 10 savings from earnings of 36000 if it earns 625 annual interest compounded quarterly for 15 years. Find the accumulated value if an investment of 20000 for 4 years at an investment rate of 7 if the monet is a. A P1 rt Principal Interest Simple Interest Calculator.
We compare the effects of compounding more than annually building up to interest compounding continually.
He plans to pay this after 4 years. 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. 1 rn NT - 1. Learn vocabulary terms and more with flashcards games and other study tools.