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: 2

Answer

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

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.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.