|||The formula to calculate terminal is the same as that for compound interest:
Where:
TV = the total amount
P = the principal amount
r = interest rate
t = period of time
The value of an investment at the end of a period, taking into account a specified rate of interest.
|||The formula to calculate terminal is the same as that for compound interest:
Where:
TV = the total amount
P = the principal amount
r = interest rate
t = period of time
|||The formula to calculate terminal is the same as that for compound interest:
Where:
TV = the total amount
P = the principal amount
r = interest rate
t = period of time
