Question

De what is the formula of calculete
compound interest​

Answer 1

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. The total initial amount of the loan is then subtracted from the resulting value

Explanation:

plss do follow me ..

thank u dear....

Answer 2

Explanation:

A = final amount

P = initial principal balance

r = interest rate

n = number of times interest applied per time period

t = number of time periods elapsed