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 Formula. P = principal amount (the initial amount you borrow or deposit). r = annual rate of interest (as a decimal). t = number of years the amount is deposited or borrowed for.A = amount of money accumulated after n years, including interest.n = number of times the interest is compounded per year. Example: An amount of $1,500.00 is deposited in a bank paying an annual interest rate of 4.3%, compounded quarterly. = amount of money accumulated after n years, including interest. n = number of times the interest is compounded per year. Example: An amount of $1,500.00 is deposited in a bank paying an annual interest rate of 4.3%, compounded quarterly.