Question

2. Write the formula to find the amount to be paid through compound interest. Explain each term it
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Answer 1

Answer:

A = P(1 + r/100)^n

Where A is the amount to be paid.P is the principle i.e the sum takenr is the rate of interest at which the principle is givenn is the number of years in which the amount was to be paid.

Step-by-step explanation:

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