document.write( "Question 950143: The formula to calculate interest and update balance is .
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document.write( "A = amount
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document.write( "P = initial amount
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document.write( "r = interest rate
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document.write( "n = times per year
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document.write( "t = amount of years\r
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document.write( "Is the same as
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document.write( "I need just the amount of interest calculated.\r
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Algebra.Com's Answer #580144 by lwsshak3(11628)![]() ![]() ![]() You can put this solution on YOUR website! \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Yes, interest is always the amount at the end of the period(A) minus the initial investment(P) \n" ); document.write( " |