Pre-Calculus > Finding Present Value and Future Value (5.4.2) > Flashcards
• The value of an investment over time is described by an exponential equation.
• The value of an investment over time is described by an exponential equation.
• The compound interest formula: A = P[1+(r/m)]^mt.
• The compound interest formula: A = P[1+(r/m)]^mt.
• You can use the compound interest formula to find the present and future values of investments.
• You can use the compound interest formula to find the present and future values of investments.