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Algebra · finance

Compound Interest Formula

Calculates an investment amount compounded n times per year.

A = P(1 + r/n)ⁿᵗ

Variables

A
final amount
P
principal
r
annual rate
n
compounds per year
t
years

Reference details

Subject
Algebra
Topic
finance
Plain text
A = P(1 + r/n)^(nt)

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