Question: This is not a test question. This is a unit review to see where I need help. I need help. A(P,r,n,t)=P(1+r/n)^nt Find the value of
This is not a test question. This is a unit review to see where I need help. I need help.
A(P,r,n,t)=P(1+r/n)^nt
Find the value of the function when:
A=amount accumulated
P=150
r=7.5%
n=12
t=12
I don't know which function in excel to use. It looked like a FV equation to me, but I was oh so wrong. Doing it by hand was wrong also. I'm just lost. Can you help me?
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