p=80000, r=10.5, t=15, m=12
2 answers
What is your question?
The simplest formula using such values is probably for simple interest: the amount of interest if 80000 is invested for 15 years at 10.5% compounded monthly:
80000*.105/12*15 = 10500
80000*.105/12*15 = 10500
7 answers