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Author Topic: PLEASE PLEASE PLEASE I NEED HELP  (Read 2340 times)

Offline Simona 1234

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PLEASE PLEASE PLEASE I NEED HELP
« on: May 17, 2010, 07:20:20 pm »
PLEASE guys .... i am really confused with math .... i have an exam on WED and my book doesn't contain the COMPOUND INTEREST formulae .. please can any1 write the formula with some explanation ???????  i will really appreciate it   :'(
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Offline abody158

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Re: PLEASE PLEASE PLEASE I NEED HELP
« Reply #1 on: May 17, 2010, 07:24:04 pm »
never heard of COMPOUND INTEREST in my whole life

iam not sure  :-X
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Offline Kim

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Re: PLEASE PLEASE PLEASE I NEED HELP
« Reply #2 on: May 17, 2010, 07:24:48 pm »
Quote from: Simona 1234 on May 17, 2010, 07:20:20 pm
PLEASE guys .... i am really confused with math .... i have an exam on WED and my book doesn't contain the COMPOUND INTEREST formulae .. please can any1 write the formula with some explanation ???????  i will really appreciate it   :'(

dont worry
ill tell ya
give me a few min
ill go get mths txt bk
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After all is said and done, more is said than done.

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Offline Kim

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Re: PLEASE PLEASE PLEASE I NEED HELP
« Reply #3 on: May 17, 2010, 07:27:50 pm »
sorry cant find it n i dont remember it right now
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After all is said and done, more is said than done.

By the time a man realizes that maybe his father was right, he usually has a son who thinks he’s wrong.

The early bird may get the worm, but the second mouse gets the cheese.

Offline Kim

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Re: PLEASE PLEASE PLEASE I NEED HELP
« Reply #4 on: May 17, 2010, 07:30:24 pm »
i m not sure but i think it is P(1+(R/100))^n
r-rate
n-for how many years
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After all is said and done, more is said than done.

By the time a man realizes that maybe his father was right, he usually has a son who thinks he’s wrong.

The early bird may get the worm, but the second mouse gets the cheese.

Offline princess12

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Re: PLEASE PLEASE PLEASE I NEED HELP
« Reply #5 on: May 17, 2010, 07:32:05 pm »
kim i think u r correct for the formula
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Offline $H00t!N& $t@r

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Re: PLEASE PLEASE PLEASE I NEED HELP
« Reply #6 on: May 17, 2010, 07:33:21 pm »
compound interest= A(1+r)^n
where A= Amount invested
R= rate (the percentage value so if it is 10% then write it as 0.1 in the equation)
n=number of years
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"If A equals success, then the formula is:
A=X+Y+Z, X is work. Y is play. Z is keep your mouth shut"- Albert Einstein

Offline Simona 1234

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Re: PLEASE PLEASE PLEASE I NEED HELP
« Reply #7 on: May 17, 2010, 07:35:35 pm »
Quote from: kim on May 17, 2010, 07:30:24 pm
i m not sure but i think it is P(1+(R/100))^n
r-rate
n-for how many years
thxxxxx ..... well !! is that all i need to know ... or there is smthn extra !!!!! but rly thxxx  ;)
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Offline $H00t!N& $t@r

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Re: PLEASE PLEASE PLEASE I NEED HELP
« Reply #8 on: May 17, 2010, 07:36:13 pm »
oops dint c u already answered kim
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"If A equals success, then the formula is:
A=X+Y+Z, X is work. Y is play. Z is keep your mouth shut"- Albert Einstein

Offline Kim

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Re: PLEASE PLEASE PLEASE I NEED HELP
« Reply #9 on: May 17, 2010, 07:39:32 pm »
hey no prob at all
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After all is said and done, more is said than done.

By the time a man realizes that maybe his father was right, he usually has a son who thinks he’s wrong.

The early bird may get the worm, but the second mouse gets the cheese.
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