Perjury is considered a serious offense as it can be used to usurp the power of the courts, resulting in miscarriages of justice. In the United States, for example, the general perjury statute under Federal law classifies perjury as a felony and provides for a prison sentence of up to five years.
Effective interest rate for t periods, i t = (1 + i) t - 1 or as one equation i t = (1 + (r / m)) mt - 1. The rate per compounding period P = R / m, in percent.
Compound Interest. Simple Interest. The Doubling Time formula is used in Finance to calculate the length of time required to double an investment or money in an interest bearing account. It is important to note that r in the doubling time formula is the rate per period.f one wishes to calculate the amount of time to double their money in a money market account that is compounded monthly, then r needs to express the monthly rate and not the annual rate. The monthly rate can be found by dividing the annual rate by 12.