Thinking Mathematically (6th Edition)

Published by Pearson
ISBN 10: 0321867327
ISBN 13: 978-0-32186-732-2

Chapter 8 - Personal Finance - 8.5 Annuities, Methods of Saving, and Investments - Exercise Set 8.5 - Page 535: 2


$P$, $r$, $n$, $A$, $t$

Work Step by Step

$P$ is the deposit made at the end of each compounding period, $r$ is the annual interest rate compounded $n$ times per year, and $A$ is the amount after $t$ years.
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