Ask a New Question
Menu

What formula do you use when dealing with money and interest rates over time? Thanks

1 answer

Two main kind of formulas
1. Simple interest formulas
2. Compound interest formulas

I = PRT is the most common simple interest formula

the most common compound interest formula is
Amount = Principal(1 + i)^n

YOu have to be much more specific with the kind of formula you have in mind.
Similar Questions
  1. Why does lowering interest rates help the economy? (1 point) ResponsesA. All actions by the Fed help the economy. B. Low rates
    1. answers icon 1 answer
  2. Why does lowering interest rates help the economy?• All actions by the Fed help the economy. • Low rates are not usually
    1. answers icon 1 answer
  3. Why does lowering interest rates help the economy?a. All actions by the Fed help the economy. b. Low rates are not usually
    1. answers icon 1 answer
    1. answers icon 1 answer
more similar questions