document.write( "Question 1140237: Here is the formula used to find compound interest. In this situation, interest is compounded once a year: How would the formula change if the interest were compounded 4 times in a year? Explain your changes.\r
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document.write( "A = Final Amount
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document.write( "P = Principal Amount (money deposited)
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document.write( "r = Annual rate on interest
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document.write( "t = Time (number of years) \n" );
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Algebra.Com's Answer #760723 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! r --> r/4 \n" ); document.write( "t --> t*4 \n" ); document.write( " |