Question: In the formula Upper AequalsStartStartFraction Upper P left bracket left parenthesis 1 plus StartFraction r Over n EndFraction right parenthesis Superscript nt Baseline minus 1

In the formula Upper AequalsStartStartFraction Upper P left bracket left parenthesis 1 plus StartFraction r Over n EndFraction right parenthesis Superscript nt Baseline minus 1 right bracket OverOver left parenthesis StartFraction r Over n EndFraction right parenthesis EndEndFraction , n Upper P r is the deposit made at the end of each compounding period, t r n is the annual interest rate compounded t n r times per year, and Upper A is the value of the annuity value of the deposit after t r n years

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