Question

Enter the principal , rate and time and calculate the compound interest .

formula or calculating the compound interest :

amt = p * ( 1 + r / 100 ) t

c_int = Amt – p​

Answer 1

Explanation:

Formulas where n = 1 (compounded once per period or unit t)

Calculate Accrued Amount (Principal + Interest) A = P(1 + r)t

Calculate Principal Amount, solve for P. P = A / (1 + r)t

Calculate rate of interest in decimal, solve for r. r = (A/P)1/t - 1.

Calculate rate of interest in percent. ...

Calculate time, solve for t.