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what is the formula to find rate in compound interest. To calculate the rate of compound interest CommentRequest A very useful site 7 20171111 0815 Male 20 years old level High-school. The formula used in the compound interest calculator is A P 1rnnt A the future value of the investment P the principal investment amount r the interest rate decimal.
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The compound interest formula contains the annual percentage yield formula of This is due to the annual percentage yield calculating the effective rate on an account based on the effect of compounding. However in this example the interest is paid monthly. Problem Suppose 5000 dollars is deposited in an account that earns compound interest that is done annually.
However in this example the interest is paid monthly.
T Total accrued including interest. Problem Suppose 5000 dollars is deposited in an account that earns compound interest that is done annually. PA Principal amount. Calculates principal principal plus interest rate or time using the standard compound interest formula A P1 rnnt.
