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.
The formula for compound interest is. P = A(1 + i)t. where A is the initial amount, i is the interest rate per compounding period, and t is the number of periods the amount is compounded for. P is the value of the investment after t periods.We can use Microsoft Excel to explore this problem. = A(1 + i)t. where A is the initial amount, i is the interest rate per compounding period, and t is the number of periods the amount is compounded for. P is the value of the investment after t periods. We can use Microsoft Excel to explore this problem.