Math, asked by vee44nee, 1 year ago

can you teach me,regarding simple n compound interest?

Answers

Answered by AngelAditi1
1
yaa i 2ill teach u compound interest bcz ur my sister .But im going to ready 4 school when i will be back then surely i will teach .....good morning n have a nice day

vee44nee: are you still willin to help
AngelAditi1: 10
AngelAditi1: yaa
vee44nee: ok thats cool..sis
AngelAditi1: ok im giving
AngelAditi1: The formula for annual compound interest, including principal sum, is:
A = P (1 + r/n) (nt)

Where:

A = the future value of the investment/loan, including interest
P = the principal investment amount (the initial deposit or loan amount)
r = the annual interest rate (decimal)
n = the number of times that interest is compounded per year
t = the number of years the money is invested or borrowed for
vee44nee: thank you gurl :)
AngelAditi1: ok
AngelAditi1: my pleasure
AngelAditi1: di
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