That is really
a=p(1+r/n)^(nt)
Assuming you mean compounded quarterly, just plug in your numbers, with
r=0.043
n=4
t=6
an amount of 15000 is deposited in a bank paying on annual interest rate of 4.3% compounded quality what is the balance after 6 year.
Formula. a=p(1+r/n)nt
1 answer
1 answer