Question

What is the general formula to calculate compound interest (i.e., the future value of

an investment that includes both Principal and interest)?

Answer 1

a=p(1+(r/n))^nt

Step-by-step explanation:

I inserted a photo of the formula below.

A= total value

P= starting balance

r= interest rate

n= how many times interest is compounded in a period

t= how many periods have passed