Finding Rate or Time for Compound Interest is a part of the VCE Further Maths topic Recursion and Financial Modelling. It is a part of the subtopic Compound Interest Investments and Loans. In this post, we look at how to rearrange the compound interest formula to calculate rate of interest and time period, instead of just future value.
How do I Rearrange the Compound Interest Formula?
Watch the following video to learn how to rearrange the formula to find rate or period.
Want to learn more? Check out more of our VCE Mathematics resources here!
