Which number is the reciprocal of 1/7 ?
a. 7
b. 0
c. – 1/7
d. – 7

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of