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MB6-890 · Question #5

You need to write an expression to calculate the compound interest that a bank needs The formula for compound interest after one period is as follows: I = (P * (1 + R)) - P Where I = Compound…

The correct answer is C. I = P*(1 + R)-P. See the full explanation below for the reasoning.

Question

You need to write an expression to calculate the compound interest that a bank needs The formula for compound interest after one period is as follows:

I = (P * (1 + R)) - P Where I = Compound interest P = Principal that was invested R = Rate of interest after one period. Which X++ expression is equivalent to the formula above using operator precedence in X+-+-?

Options

  • AI = P* 1 + R- P
  • BI = P*(1 + R-P)
  • CI = P*(1 + R)-P
  • DI = (P* 1) + (R-P)

How the community answered

(14 responses)
  • A
    7% (1)
  • B
    7% (1)
  • C
    71% (10)
  • D
    14% (2)

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