Algerbra II

What formula do you use when dealing with money and interest rates over time? Thanks

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  1. Two main kind of formulas
    1. Simple interest formulas
    2. Compound interest formulas

    I = PRT is the most common simple interest formula

    the most common compound interest formula is
    Amount = Principal(1 + i)^n

    YOu have to be much more specific with the kind of formula you have in mind.

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