subject

Mathematics, 24.03.2021 22:40 FlayMaster101

I'm learning about interest (simple and compound interest). I don't understand it. What is interest exactly? I know the formula for simple interest is
I = prt
And then you have to add the interest to the original amount.

I learned that the formula for compound interest is
M = p (1 + i)ⁿ
But when I searched it up, it said it was
A = p (1 + r/n)ⁿᵗ

Can someone please explain this all to me ASAP? I need to understand this all before tomorrow.

ansver

Answers: 3

Show answers

Another question on Mathematics

question

Mathematics, 21.06.2019 13:00

An advertisement is on a flyer that has a thickness of 8.2 × 10-5 meters. each measurement below is the thickness of a stack of flyers. drag each measurement to the correct stack.

Answers: 2

question

Mathematics, 21.06.2019 22:30

Maria found the least common multiple of 6 and 15. her work is shown below. multiples of 6: 6, 12, 18, 24, 30, 36, 42, 48, 54, 60, . . multiples of 15: 15, 30, 45, 60, . . the least common multiple is 60. what is maria's error?

Answers: 1

question

Mathematics, 21.06.2019 23:10

Point s lies between points r and t on . if rt is 10 centimeters long, what is st? 2 centimeters 4 centimeters 6 centimeters 8 centimeters

Answers: 2

question

Mathematics, 22.06.2019 04:30

To start to solve the system of equations below, which number would you multiply in the equation -2x-5y=-1? the two equations are -2x-5y=-1 and 4x+2y=8

Answers: 1

You know the right answer?

I'm learning about interest (simple and compound interest). I don't understand it. What is interest...

Questions

question

Mathematics, 17.10.2019 20:30

Astore sells 3 tshirts for 15$ given as a fraction in unit rate...

question

Mathematics, 17.10.2019 20:30

And explain. triangle abc with segment bd where point d is between points c and a, bc equals x, bd equals y, cd equals w, da equals z, and ba eq...

question

English, 17.10.2019 20:30

Consider the roles of the moderator and the participants in a discussion. who performs each task listed below? reminds the group of the rules: takes...

question

Physics, 17.10.2019 20:30

For a constant voltage, how is the resistance related to the current? a) resistance is inversely proportional to the current, so when th...

question

Mathematics, 17.10.2019 20:30

Aclass recorded how many books they each read during the summer. whichhistogram accurately displays this data?...

question

Biology, 17.10.2019 20:30

Which statement is true? a) girl’s get most of their traits from their mom’s; boys get most of their traits from their dad’s b) male off...

question

Mathematics, 17.10.2019 20:30

Chad has a rope that is 8 yards long how many pieces of rope measuring 2/7 of a yard can he divide his rope into...

question

Mathematics, 17.10.2019 20:30

Which graphed matches the equation y + 6=3/4(x+4)?...

question

Chemistry, 17.10.2019 20:30

Unit 1: gases and kinetics 2. the following chemical reaction was performed in lab: c(s) +2h2(g) - ch (g) the reaction was perform...

question

Chemistry, 17.10.2019 20:30

Earth is flatter at the poles getting fatter around the equator a perfect sphere the only planet with a moon the only known planet able to support li...

question

Mathematics, 17.10.2019 20:30

Mark has a container in the shape of a cube. the volume is 27 cm³. what is the length of one edge of the container? - you...

question

Mathematics, 17.10.2019 20:30

Subtracting from the y coordinates of figure is what transformation...

question

Biology, 17.10.2019 20:30

Which of the following is part of the cell theory?...

question

Chemistry, 17.10.2019 20:30

Classify the elements as diatomic or monatomic. if necessary, refer to the periodic table to you identify the diatomic elements. the periodic table o...

question

English, 17.10.2019 20:30

What ideas are associated with the words compelled and withheld? doubt and confusion injustice and oppression courage and br...

question

Mathematics, 17.10.2019 20:30

Write the quadratic function in standard form. y= 2(x - 9)(x + 7)...

question

Physics, 17.10.2019 20:30

Choose the best description of a magnetic field line...

question

English, 17.10.2019 20:30

Need in act 2, what is the prologue’s function? 1.to summarize the action from the previous act 2.to summarize the action...

question

History, 17.10.2019 20:30

Which statement best describes the connection between the rise of japanese military power and the establishment of totalitarianism in japan during 20t...

question

Chemistry, 17.10.2019 20:30

Salt and water are mixed together in a bowl. the salt dissolves. the bowl of salty water is left out on the table. after a few days you know this that...

More questions: Mathematics Another questions

Questions on the website: 13722363