5 Simple Statements About 72 cash Explained
exactly where A is definitely the accrued total, P would be the principal financial investment, r is definitely the fascination rate for every interval in decimal type, and t is the amount of periods. If We alter this system to indicate that the accrued total is 2 times the principal expense, P, then We now have A = 2P. Rewriting the formula:Belowâ