Which of the following is the formula for calculating compound interest?

a. Compound interest = Future Value – Present Value
b. Compound interest = Future Value + Present Value
c. Compound interest = Future Value – Principal
d. Compound interest = Present Value + Principal

a. Compound interest = Future Value – Present Value

Economics

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If the social marginal cost of a good is very high relative to the private marginal cost, then a monopoly will most likely

A) produce more than the social optimum. B) produce less than the social optimum. C) produce the social optimum. D) produce zero pollution.

Economics

Two policies to combat discrimination are affirmative action and right-to-work laws

a. True b. False Indicate whether the statement is true or false

Economics