Compound Interest

Understanding Compound Interest

Flashcard
•
Mathematics
•
10th Grade
•
Hard
Pauline Pennicooke
FREE Resource
Student preview

24 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
Interest on initial principal and accumulated interest
2.
FLASHCARD QUESTION
Front
Compound Interest Formula
Back
A = P(1 + \frac{r}{n})^{nt}
3.
FLASHCARD QUESTION
Front
A in the formula
Back
Final amount
4.
FLASHCARD QUESTION
Front
P in the formula
Back
Principal amount
5.
FLASHCARD QUESTION
Front
r in the formula
Back
Annual interest rate (decimal)
6.
FLASHCARD QUESTION
Front
n in the formula
Back
Number of times interest applied per year
7.
FLASHCARD QUESTION
Front
t in the formula
Back
Time in years
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