Like what you saw?
Start your free trial and get immediate access to:
Watch 1-minute preview of this video

or

Get immediate access to:
Your video will begin after this quick intro to Brightstorm.

Compound Interest (Finite Number of Calculations) - Problem 3 748 views

Since the unknown variable, P, is not in the exponent of this equation, most of this can be dong without actually knowing anything about logs or exponential functions. Most errors happen when people type this into their calculators incorrectly. If in doubt, do it in steps and keep as many decimals as you can: start by simplifying the fraction inside the parentheses, then add one, and then raise that value to a power where the product is in parentheses.

Transcript Coming Soon!

Stuck on a Math Problem?

Ask Genie for a step-by-step solution