If a principal is invested at an annual interest rate
compounded
times a year, then the balance
in the account after
years is given by
.
The principal amount .
The rate of interest .
\
The period of time years.
\
Compounded times per year.
The total amount is .
.
Compounded times per year, then the amount is :
Compounded times per year, then the amount is :
Compounded times per year, then the amount is :
Compounded times per year, then the amount is :
Compounded times per year, then the amount is :
Formula for compounded continuously .
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Continuous \Compounding \ | \
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Continuous \Compounding \ | \
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