Question

4. Write Formula to calculate amount in compound interest​

Answer 1

Answer:

Compound Interest Formulas and Calculations:

Compound Interest Formulas and Calculations:Calculate Accrued Amount (Principal + Interest) A = P(1 + r/n)nt

Compound Interest Formulas and Calculations:Calculate Accrued Amount (Principal + Interest) A = P(1 + r/n)ntCalculate Principal Amount, solve for P. P = A / (1 + r/n)nt

Compound Interest Formulas and Calculations:Calculate Accrued Amount (Principal + Interest) A = P(1 + r/n)ntCalculate Principal Amount, solve for P. P = A / (1 + r/n)ntCalculate rate of interest in decimal, solve for r. r = n[(A/P)1/nt - 1]

Compound Interest Formulas and Calculations:Calculate Accrued Amount (Principal + Interest) A = P(1 + r/n)ntCalculate Principal Amount, solve for P. P = A / (1 + r/n)ntCalculate rate of interest in decimal, solve for r. r = n[(A/P)1/nt - 1]Calculate rate of interest in percent. R = r * 100.

Compound Interest Formulas and Calculations:Calculate Accrued Amount (Principal + Interest) A = P(1 + r/n)ntCalculate Principal Amount, solve for P. P = A / (1 + r/n)ntCalculate rate of interest in decimal, solve for r. r = n[(A/P)1/nt - 1]Calculate rate of interest in percent. R = r * 100.Calculate time, solve for t.

Answer 2

Answer:

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