Question

formula for compound interest?
good luck ✔​

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

FORMULA FOR COMPOUND INTEREST IS=

COMPOUND INTEREST =$PRINCIPAL(1+\frac{RATE}{100} )^{2} -PRINCIPAL$

IT CAN ALSO BE WRITTEN AS =$P(1+\frac{R}{100})^{N} -P$

HOPE IT HELPS YOU

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