answersLogoWhite

0

The formula for the daily compound interest is B=p(1+r over n)NT as an exponent for the nt

B= ending balance

P= principal amound

r= interest rate

n= number of compounds per year

t= time( in years)

User Avatar

Wiki User

7y ago

Still curious? Ask our experts.

Chat with our AI personalities

TaigaTaiga
Every great hero faces trials, and you—yes, YOU—are no exception!
Chat with Taiga
MaxineMaxine
I respect you enough to keep it real.
Chat with Maxine
ProfessorProfessor
I will give you the most educated answer.
Chat with Professor

Add your answer:

Earn +20 pts
Q: What is the Formula for daily compound interest?
Write your answer...
Submit
Still have questions?
magnify glass
imp