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formula for compound interest
what does A, P, R, N, and T in the formulas represent
Amount=Principal(1+(Rate / Number of Compound Periods))
Number of Compound Periods * Time
Formula for continous compounding
A=Pe
rt
What do the letters stand for in continous componding?
Amount=Principle*e
rate*
time
compounding quarterly
4
compounding monthly
12
compounding daily
365
compounding every minute
525600
Author
Kimmiey
ID
133303
Card Set
Trig
Description
trig
Updated
2012-02-07T01:01:45Z
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