Interest Calculation Quiz

$a(1+r)^t$ (correct)

$a(1+rac{r}{n})^{nt}$

$Pe^{rt}$

$a(1+rac{r}{2})^{2t}$

False

growth rate

<p>$A = Pe^{rt}$</p> Signup and view all the answers

<p>Semi annually = $a(1+rac{r}{2})^{2t}$ Compounded quarterly = $a(1+rac{r}{4})^{4t}$ Monthly = $a(1+rac{r}{12})^{12t}$ Compounded continuously = $A = Pe^{rt}$</p> Signup and view all the answers