Interest Formulas Flashcards
(4 cards)
1
Q
Compound Interest (once per year)
A
A=P(1+r)
2
Q
Compound Interest More than a Year
A
A=P(1+r)^t
3
Q
quarterly, monthly, daily
A
A=P(1+r/n)^nt
4
Q
Continuous Compounding
A
A=Pe^rt
