formula for finding compound interest
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A = P(1+r/n)(nt) is the formula for compound interest
sidmah:
what are a p r n t
a is amount
p is principal
r is rate of interest
n is no. of years
t is time
thanks
Answered by
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P (1+r/n)^nt
where,
P = principal amount
r = annual rate of interest
t = number of years the amount is deposited
n = number of times the interest is compounded per year
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