Question

Amount at the end of n years using compound interest

Answer 1

Answer:

A=P(1+(r/100))∧n

Step-by-step explanation:

A=AMOUNT

P=PRINCIPAL

r= RATE OF INTEREST

n=NUMBER OF YEARS

Answer 2

Given: Time is n years

Let principal P is kept with compound interest at the rate of r% for n years,

The Total amount is,

$A=P(1+\frac{r}{100})^n$

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