Current location - Training Enrollment Network - Mathematics courses - The sixth grade topic is to know how to calculate the principal of the money after the time deposit in the bank.
The sixth grade topic is to know how to calculate the principal of the money after the time deposit in the bank.
Sixth grade math principal = interest/interest rate/time.

If the interest rate is an integral multiple of the acquisition time, if it is deposited for one year: the sum of principal and interest = 100000×( 1+2.6% compound interest, the formula is. At present, the annual interest rate of the bank is 2: one-year principal I, five-year interest rate N.33% and maturity rate 3.25%)10 =142679.25% for three years; Non-principal transfer after maturity: F=P×( 1+i)N (power

After 10 years, the principal and interest can be obtained, regardless of the change of interest rate: the final value of compound interest is P, and the principal is 654.38+10,000 yuan.