document.write( "Question 522994: P=6000,R=6%,t=3 then the interest is compound yearly
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Algebra.Com's Answer #347141 by mananth(16946)![]() ![]() You can put this solution on YOUR website! Principal P = 6000 \n" ); document.write( "Amount= A \n" ); document.write( "years=n 3.00 \n" ); document.write( "compounded 1 times a year t \n" ); document.write( "Rate = 6.00 0.06 \n" ); document.write( "Amount = P*((n+r)/n)^n*t \n" ); document.write( " \n" ); document.write( "Amount = = 6000 *( 1 + 0.06 )^ 3 \n" ); document.write( "Amount = 6000 *( 1 + 0.06 )^ 3 \n" ); document.write( " 6000 *( 1.06 )^ 3 \n" ); document.write( "Amount = 7146.1 \r \n" ); document.write( "\n" ); document.write( "Amount - Principal = interest \n" ); document.write( " |