Jan 25, 2024 · How on earth does the compound interest formula have anything to do with this? For the reason that compound interest's recursive; For any given p , we have the outputs …

Feb 5, 2015 · Hi, is there a way to find out the annual compound interest (A), from the interest (I) over (Y) number of years? For example: If interest over 5 years is 300%, so I=5, Y=3.0, how …

Apr 3, 2013 · After 25 years the investment tripled. Use this information to find the interest rate that was given. Compound interest formula? Any problem with the words "sinking fund" means …

Jan 9, 2024 · On compound interest tables, I have seen just (1+i) without the P used. In addition to being goofy, the second factorization is flat out wrong. (P + P) n ≠ P (1 + i) n . Perhaps …

Aug 19, 2012 · Amortization formula: A = P i (1 + i) n (1 + i) n 1 . . where: {A = periodic payment P = amount of loan i = periodic interest rate n = number of periods} W\!e are ...

Feb 5, 2015 · Are you told that this is "simple interest"? That is what you calculated but that would be very strange for bank interest. "Compound interest" would be would be 130 (1.06)^ {12}.

Apr 17, 2018 · At a certain rate of compound interest, money will double in x years, money will triple in y years, and money will increase tenfold in z years. At this same rate of compound …

Jan 29, 2022 · To get future value, we multiply periodic payments by the interest rate (compounded effective int rate? I forgot the term, but you get the periodic interest rate, …

Aug 29, 2013 · As interest rates increase the monthly payment will also increase, pushing the monthly payment closer to the \$50,000 mark. I need to know a formlua in excel that will …

Nov 6, 2012 · Re: How to find the compound amount for the following deposi The problem states that the interest is compounded semi-annually, which means twice per year, every 6 months.