Answer
$A = P(1+\frac{r}{n})^{nt}$
Work Step by Step
A = amount
P = principal
r = interest rate
n = number of times a year interest is compounded
t = time
Prealgebra (7th Edition)
by Martin-Gay, Elayn
Published by
Pearson
ISBN 10:
0321955048
ISBN 13:
978-0-32195-504-3
Chapter 7 - Section 7.6 - Percent and Problem Solving: Interest - Exercise Set - Page 519: 38
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