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https://math.answers.com/math-and-arithmetic/How_do_you_figure_out_your_total_amount_of_money_after_interest

How do you figure out your total amount of money after interest? - Answers

It depends on whether it is simple or compound interest. The formula for simple interest is A = P(1+rt), where A = amount of money after t years, P = Principal, or the amount of money you started with, and r = the annual interest rate, expressed as a decimal (i.e. 7% = 0.07). For compound interest, the formula is A = P(1+r)t.



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How do you figure out your total amount of money after interest? - Answers

https://math.answers.com/math-and-arithmetic/How_do_you_figure_out_your_total_amount_of_money_after_interest

It depends on whether it is simple or compound interest. The formula for simple interest is A = P(1+rt), where A = amount of money after t years, P = Principal, or the amount of money you started with, and r = the annual interest rate, expressed as a decimal (i.e. 7% = 0.07). For compound interest, the formula is A = P(1+r)t.



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https://math.answers.com/math-and-arithmetic/How_do_you_figure_out_your_total_amount_of_money_after_interest

How do you figure out your total amount of money after interest? - Answers

It depends on whether it is simple or compound interest. The formula for simple interest is A = P(1+rt), where A = amount of money after t years, P = Principal, or the amount of money you started with, and r = the annual interest rate, expressed as a decimal (i.e. 7% = 0.07). For compound interest, the formula is A = P(1+r)t.

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      It depends on whether it is simple or compound interest. The formula for simple interest is A = P(1+rt), where A = amount of money after t years, P = Principal, or the amount of money you started with, and r = the annual interest rate, expressed as a decimal (i.e. 7% = 0.07). For compound interest, the formula is A = P(1+r)t.

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