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MB6-890 · Question #5
MB6-890 Question #5: Real Exam Question with Answer & Explanation
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)
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