Interest (Compound and Simple)

Question 1

Simple Interest formula

Answer 1

I = prt

Question 2

Compound Interest formula

Answer 2

A = p (1+r) t

*t is an exponent

Question 3

Total value formula

Answer 3

p + I = A

Question 4

Assets

Answer 4

things that help your net worth

Question 5

Liabilities

Answer 5

things that hurt your net worth