Math, asked by shreyashkumbhar25, 4 months ago

Compound Interest is calculated on

Principal Amount
Principal +Interest
Principal - Interest
Principal + Amount​

Answers

Answered by mahendrasinghdhoni51
3

Answer:

Compound interest is calculated by multiplying the initial principal amount by one plus the annual interest rate raised to the number of compound periods minus one. Interest can be compounded on any given frequency schedule, from continuous to daily to annually.

Step-by-step explanation:

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