Reference Tables for Pre-Calculus
Interest, Growth and Decay Compound Interest
where P = the initial amount of the investment or loan r = the annual rate of interest (expressed as a decimal) n = number of times per year that the interest is paid (compounded) t = the number of years for which the money is invested or borrowed A = the amount of money accumulated after t years, including interest
Continuous Interest, Growth and Decay
where P = the initial amount of the investment or loan e = the base of the natural logarithm r = the annual interest rate or the rate of growth or decay t = the time, in years A = the amount accumulated after t years
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