Solve For N Compound Interest. Problems that ask you to solve for the rate r in the compound interest formula require the use of roots or creative use of exponents. Or given what i would like the final value to be the.
Compound interest is the interest which gets compounded in specified time periods. Compound interest formulas to find principal interest rates or final investment value including continuous compounding a pe rt. We will use the compound interest formula to solve these compound interest word problems.
Calculates principal principal plus interest rate or time using the standard compound interest formula a p 1 r n nt.
Online compound interest calculator directions. Or given what i would like the final value to be the. Problem suppose 5000 dollars is deposited in an account that earns compound interest that is done annually. Pv fv 1 r n.
