Math, asked by sidmah, 1 year ago

formula for finding compound interest

Answers

Answered by lattika25
3

A = P(1+r/n)(nt) is the formula for compound interest

sidmah: what are a p r n t
lattika25: a is amount
lattika25: p is principal
lattika25: r is rate of interest
lattika25: n is no. of years
lattika25: t is time
sidmah: thanks
Answered by niranjana0987ab
2

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

niranjana0987ab: is this helpful
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