Exam (elaborations)
MGF 1107 Exam 3 formulas Questions with Complete Correct Answers | Grade A+
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Simple Interest Formula Ans: I= P x R x T !! Always add total amount to principal !! Compound Interest (annually) Ans: I= P(1+APR)^Y Compound Interest (n times) Ans: A = P (APR / N)^ny Compound interest (continuously) Ans: A= P x e^(apr x Y) How to put e in calculator Ans: 2nd --> ln
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