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by jewgold on December 1st, 2009

jewgold

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In the compound interest formula
A=P((1+(R/N))^(NT))
what does N equal
what does R equal
what does T equal

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  • by Quirkie on December 2nd, 2009

    Quirkie

    A=P((1+(R/N))^(NT))

    P is initial capital
    A is accumulated capital
    R is yearly rate
    N is number of payments per year
    T is term (number of years over which compounded)

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