Compound Interest: What It Is, Formula, Examples

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compound interest formula Compound Interest Formula · FV = future value of the loan · PV = present value of the loan · i = periodic interest rate · n = number of

However, it is much more useful in most cases to use the simplified formula B=P because it leads to the formula for a much more common formula 1688 The simple interest formula is linear: I = P r n I=Prn I=Prn while the compound interest formula is non-linear: A = P n A=P^{n} A=Pn in

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compound interest formula Compound Interest Formula · FV = future value of the loan · PV = present value of the loan · i = periodic interest rate · n = number of

ดาวน์โหลดpinterest However, it is much more useful in most cases to use the simplified formula B=P because it leads to the formula for a much more common

The simple interest formula is linear: I = P r n I=Prn I=Prn while the compound interest formula is non-linear: A = P n A=P^{n} A=Pn in