Math, asked by jas6798, 1 year ago

Compund interest(with using formulas) plz tell all formulas

Answers

Answered by 27jenny
4
Heyyyy there . ..
Nice question...
● INTERRST = Interest is the price paid by a borrower for the use of a lender's money....

●COMPOUND INTEREST as the interest that accrues when earnings for each specified period of time added to the principal thus increasing the principal base on which subsequent interest is compound interest.

A = P( 1+i)^n
where -----
A = amount
i = annual rate of interest
N = no of conversion period per year

INTEREST = A - P
or
= P (1 +i) - P

hope it helps...
Feel free to ask any query.....
Thanks ☆☆

jas6798: fk i am in 9
27jenny: okk
jas6798: plz send formulars like depreciation
27jenny: u want any more formula
jas6798: yes
27jenny: u can post ques
27jenny: which formulas
27jenny: can u plz reply @jas6798
27jenny: which formula u want
Similar questions