Principal

Determine the periodic deposit. Round up to the nearest dollar. How much of the financial goal comes from deposits and how much comes from interest? Periodic Deposit: $? at the end of every three... more

Given the following assumptions (principal = $700, APR compounded monthly = 3.50%, monthly payment = $60), suppose you invested for 30 years rather than just three, calculate your final balance to... more

The following formula is incorrect for compound interest with the symbols defined this way, can someone tell me why?     Compound Interest is described by A = P(1+rm)^n, where P is the... more