The equation for the future value of a deposit earning compound interest is equation, where ...
P = the initial deposit
t = years invested
r = rate at which interest is compounded annually
n = number of times the interest is compounded per year
After 10 years, a $2,000-dollar investment compounded annually has grown to $3600. What is the
interest rate to the nearest whole-number percent?
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Home » Mathematics » The equation for the future value of a deposit earning compound interest is equation, where ... P = the initial deposit t = years invested r = rate at which interest is compounded annually n =