Question

amount (A)= ×(1+R/100)​

Answer 1

Answer:

Amount, A = P [1 + (R / 100)]n, where P is the principal, R is the rate of interest per unit time period and n is the time period. If compounding period is not annual, rate of interest is divided in accordance with the compounding period.

Answer 2

Answer:

amount (A)= ×(1+R/100)

=> False

Correct statement = Amount = Principal (1 + Rate of interest /100)

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