Question

formula for compound interest? ___!!​

Answer 1

Formula for Compound Interest :

• A = P ( 1 + r /n)

Where :

• A = final amount

• P = initial principal balance

• r = interest rate

• n = number of times interest applied per time period

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Answer 2

A=P(1+R/n)^nt

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A stands for amount

P stands for Principal

R stands for Rate

T/n stands for time period

C.I stands for compound interest

S.I stands for Simple interest