Question

What's the formula for solving for the interest rate in a compounding interest question? we're using fv, pv, etc. I'm supposed to be using logs and i'm not getting it.

Answer 1

P = principal amount (the initial amount you borrow or deposit)
r = annual rate of interest (as a decimal)
t = number of years the amount is deposited or borrowed for.
A = amount of money accumulated after n years, including interest.
n = number of times the interest is compounded per year

Answer 2

medal plz