Respuesta :

Answer:

Arithmetic Finance.

Compound interest

Step-by-step explanation:

when you're given the year sequence, principal and rate.

Answer:

Step-by-step explanation:

A = P ( 1 + r)^ n

This formula is used to find the Amount in Compound interest.

P --- Principal - the value we are depositing or taking loan

r - rate of interest

n --- number of years

A- amount that we get after n years or the loan to paid after n years