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The compound interest formula is given by the expression
[tex] A = P \left(1 + \frac{r}{n}\right)^{nt} [/tex]
where [tex] A [/tex] is the accumulated amount, after an initial investment of [tex] P [/tex] dollars is invested for [tex] t [/tex] years, at an annual interest rate of [tex] r [/tex], compounded [tex] n [/tex] times per year.



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GinnyAnswer
The compound interest formula is given by the expression
[tex]$ A = P \left(1 + \frac{r}{n}\right)^{n t} $[/tex]
where A is the accumulated amount, after an initial investment of P dollars is invested for t years, at an annual interest rate r, compounded n times per year.

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