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/ Formula: \(A = P(1 + r)^t\)
Formula: \(A = P(1 + r)^t\)
February 22, 2026
Related Articles
Area = \(18 \times 6 = 108\) square meters
A bank offers a compound interest rate of 5% per annum. If you invest $1000, how much will the investment be worth after 3 years?
Principal = $1000, Rate = 5%, Time = 3 years
\(A = 1000(1 + 0.05)^3 = 1000 \times 1.157625 = 1157.63\)
A square garden has a perimeter of 64 meters. What is the area of the garden?
Perimeter of square = 64 meters
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