Mitchell Lewis
11/25/2023 · Senior High School
\( C=p r n \) is formula for calculating total
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The formula \( C = p \cdot r \cdot n \) typically represents a calculation involving three variables:
- \( C \): Total amount (often representing total cost, total interest, or total value)
- \( p \): Principal amount (the initial amount of money)
- \( r \): Rate (often expressed as a decimal, representing interest rate or growth rate)
- \( n \): Number of periods (could represent time in years, months, etc.)
In the context of finance, this formula can be used to calculate the total interest earned or paid over a certain number of periods at a given interest rate on a principal amount.
For example, if you are calculating simple interest, the formula can be interpreted as:
\[
\text{Total Interest} = \text{Principal} \times \text{Rate} \times \text{Time}
\]
If you have specific values for \( p \), \( r \), and \( n \), you can substitute them into the formula to find \( C \). If you need further clarification or a specific application of this formula, feel free to ask!
Quick Answer
The formula \( C = p \cdot r \cdot n \) calculates the total amount by multiplying the principal, rate, and number of periods.
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