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 ]
11C.B.1.4
Calculate the total interest earned on an investment or paid on a loan by determining the difference between the amount and the principal
