Question

formula of compound interest

Answer 1

Answer:

The compound interest formula is ((P*(1+i)^n) - P),

C.I.=P(1+I)^2-p

where P is the principal,

i is the annual interest rate,

and n is the number of periods.

Hope it helps you ❣️☑️☑️

Answer 2

C.I. = P ( 1+ R/100)^n-P

P- principal

R- rate of interest

n- time