What is this formula p x (1+r/200)^nt ?? answer fast

The compound interest formua is used to figure out how much interest will be paid on a loan or on an investment.

Step-by-step explanation:

P is Principal, the original amount of the loan or investment.

R is the rate, the percentage of interest charged, changed to a decimal.

T is Time, usually the number of years.

N is the number of times the interest is compounded, like 12 times in a year or 365 times per year for some credit cards.