explain this and get 50 points
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See in compound interest we Calculate formula by adding 1 to the P(RT/100).I will attach an image.
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in this formula is applied ( a- amount , r - rate , t - time , p - principal )
Step-by-step explanation:
formula to find amount -- A = P(1 + rt)
after is put the values as given
hope it's helpful to you
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