Differing frequencies (payments and compounding interest)
Outcomes
11M.B.3.2
Solve problems, using a scientific calculator, that involve the calculation of the amount, A (also referred to as future value, FV ), and the principal, P (also referred to as present value, PV ), using the compound interest formula in the form A = P(1 + i)^n [or FV = PV(1 + i)^n ]
