Compound Interest Math Quiz
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13 Terms
1
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Compound lnterest Formula
A = P (1 + r/n)^nt
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Continuous Compound Interest Formula
A = Pe ^rt
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A =
amount - the amount in the account after interest is added
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P =
principle - the amount in the account before interest is added
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r =
Interest rate also known as APR in decimal form .0
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t =
time - the number of years
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n =
number of compounding per year - number of times the interest is compounded
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compounded annually
n = 1
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compounded semiannually
n = 2
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compounded quarterly
n = 4
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compounded monthly
n = 12
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compounded weekly
n = 52
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compounded every minute
n = 525,600
Note 
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