Compound Interest Calculator
https://www.calculatorsoup.com/calculators/financial/compound-interest-calculator.php
webNov 10, 2023 · Answer: A = $13,366.37. A = P + I where. P (principal) = $10,000.00. I (interest) = $3,366.37. Calculation Steps: First, convert R as a percent to r as a decimal. r = R/100. r = 3.875/100. r = 0.03875 rate per year, Then solve the equation for A. A = P (1 + r/n) nt. A = 10,000.00 (1 + 0.03875/12) (12) (7.5) A = 10,000.00 (1 + 0.0032291666666667) 90
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