The Formula for Finding Compound Interest Is $A = P \left( 1 + \frac { r } { n } \right) ^ { n t }$

question 3

Short Answer

The formula for finding compound interest is $A = P \left( 1 + \frac { r } { n } \right) ^ { n t }$ where A is the accumulated amount, P is the principal invested, r is the rate of interest, t is the time in years, and n is the number of compounds each year. Find the accumulated amount if the principal invested is $8,000, the rate is 6%, the compounds each year is 2 (semi-annually), and the
number of years is 12.

---

Definitions:

Revenge

A form of retaliation against someone for wrongs perceived by the avenger.

Making Amends

The act of trying to correct wrongs one has committed, often involving apologies and actions to repair harm.

Effective Apology

An apology that acknowledges wrongdoing, expresses regret, and takes responsibility for one's actions, aiming to repair harm and rebuild trust.

Ho'oponopono

A traditional Hawaiian practice of reconciliation and forgiveness, which involves open communication and expressions of remorse, forgiveness, and gratitude.