7.In the formula of compound interest, the time period is denoted by _____. *
'a'
'b'
'x'
'p'
8. When the value of an article increases with the passage of time, the article is said to ______. *
appreciate
increase
distinct
new
Answers
Answered by
1
Answer:
The formula for compound interest is P (1 + r/n)^(nt), where P is the initial principal balance, r is the interest rate, n is the number of times interest is compounded per time period and t is the number of time periods.
Answered by
1
Answer:
x and increased is your answer thankyou
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