Provide an Appropriate Response $A = P \left( 1 + \frac { A P R } { n } \right) ^ { n Y }$

question 57

Multiple Choice

Provide an appropriate response.
-What is the compound interest formula for interest paid more than once a year?

• A) \(A = P \left( 1 + \frac { A P R } { n } \right) ^ { n Y }\)
• B) \(\mathrm { A } = \mathrm { P } \times ( 1 + \mathrm { APR } ) ^ { \mathrm { n } Y }\)
• C) \(A = P \left( 1 + \frac { A P R } { Y } \right) ^ { Y }\)
• D) \(\mathrm { A } = \mathrm { P } \times ( 1 + \mathrm { APR } ) ^ { \mathrm { Y } }\)

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