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what is n in ap1rnnt. AP1rnnt Use the compound interest formula AThe amount of money in the savings account PThe principle rThe interest rate converted to a decimal tThe time that the money is in the account nThe number of times the money is compounded per year. Divide each term in by.
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As others have said mathAPertmath is used for continuous compounding of.
P C 1 r t Continuous. P Principal investment amount ie the loan amount or the initial deposit. T Time Involved in years 05 years is calculated as 6 months etc. A P1 rn nt.