explain the terms in formula of amout with compound intrest
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A=P(1+r/n)nt
A=amount ,P=principal,r= interest rate, n=no.of times interest is compound per year t=time(years)..
I hope it helps you....
A=amount ,P=principal,r= interest rate, n=no.of times interest is compound per year t=time(years)..
I hope it helps you....
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