is determined by multiplying the daily interest rate by the principal and the number of days that elapse between payments and can be calculated using the formula, .

What is the annual interest rate in decimal form?

is the interest that is computed based on the principal and the accrued interest at every moment of every day of every week of every year and can be calculated using the formula, .

A is the product of all the positive integers less than or equal to n, where n is a positive integer. Its formula is .

What is the future value of the account if only simple interest is earned?

Which formula would you use to find the simple interest?

is the yearly interest rate that is charged for borrowing money and is normally represented by the letter r.

A involves choosing a specific number of objects from a particular group of objects, using each only once, when the order in which they are chosen does matter and has the formula .

What is the future value of the account if the interest is compounded continuously for this time?

A involves choosing a specific number of objects from a particular group of objects, using each only once, when the order in which they are chosen does not matter and has the formula, .