Answers

2016-04-12T21:42:22+05:30
A=P(1+r/n)^nt is the formula.
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2016-04-12T21:42:49+05:30
A = P (1 + r/n) ^ nt

A = the future value of the loan including interest
P = the principal investment amount (the initial deposit)
r = annual interest rate (decimal)
n = no. of times that interest is compounded per year
t =no. of years the money is invested or borrowed for
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