Question

compound interest details all formula

Answer 1

P(1+r/100)powern is the answer to the question

Answer 2

Answer:

$\text{Compound Interest = }P\times(1+\frac{Rate}{100\times n})^ {Time\times n}$

Step-by-step explanation:

Let the principal value of the investment = P

⇒ P = Principal Value

Let the rate of interest = R

⇒ R = Rate of Interest

Let the time = t years

⇒ t = Time in years

Let the number of periods, the interest is compounded yearly = n

Therefore, The compound Interest is given by the formula :

$\text{Compound Interest = }P\times(1+\frac{Rate}{100\times n})^{Time\times n}$