formula of compound interest
Answers
Step-by-step explanation:
The formula for compound interest is P (1 + r/n)^(nt), where P is the initial principal balance, r is the interest rate, n is the number of times interest is compounded per time period and t is the number of time periods.
According to formula,
According to formula,An = P( 1 +r/100)
According to formula,An = P( 1 +r/100)Where A is total amount after n years, r is the rate. P is the amount initially
According to formula,An = P( 1 +r/100)Where A is total amount after n years, r is the rate. P is the amount initiallyAn =10, 000( 1 + 10/100)
According to formula,An = P( 1 +r/100)Where A is total amount after n years, r is the rate. P is the amount initiallyAn =10, 000( 1 + 10/100)=10,000( 1+0.1)"
According to formula,An = P( 1 +r/100)Where A is total amount after n years, r is the rate. P is the amount initiallyAn =10, 000( 1 + 10/100)=10,000( 1+0.1)"=10,000(1.1)
According to formula,An = P( 1 +r/100)Where A is total amount after n years, r is the rate. P is the amount initiallyAn =10, 000( 1 + 10/100)=10,000( 1+0.1)"=10,000(1.1)An =10,000(1.1)
According to formula,An = P( 1 +r/100)Where A is total amount after n years, r is the rate. P is the amount initiallyAn =10, 000( 1 + 10/100)=10,000( 1+0.1)"=10,000(1.1)An =10,000(1.1)now, put n = 1 A1 =10, 000(1.1), put n =2, A2 =10,000(1.1)2
According to formula,An = P( 1 +r/100)Where A is total amount after n years, r is the rate. P is the amount initiallyAn =10, 000( 1 + 10/100)=10,000( 1+0.1)"=10,000(1.1)An =10,000(1.1)now, put n = 1 A1 =10, 000(1.1), put n =2, A2 =10,000(1.1)2in the same way, A3 =10, 00(1.1)
According to formula,An = P( 1 +r/100)Where A is total amount after n years, r is the rate. P is the amount initiallyAn =10, 000( 1 + 10/100)=10,000( 1+0.1)"=10,000(1.1)An =10,000(1.1)now, put n = 1 A1 =10, 000(1.1), put n =2, A2 =10,000(1.1)2in the same way, A3 =10, 00(1.1)you can see that A2/A1 = A3/A2
According to formula,An = P( 1 +r/100)Where A is total amount after n years, r is the rate. P is the amount initiallyAn =10, 000( 1 + 10/100)=10,000( 1+0.1)"=10,000(1.1)An =10,000(1.1)now, put n = 1 A1 =10, 000(1.1), put n =2, A2 =10,000(1.1)2in the same way, A3 =10, 00(1.1)you can see that A2/A1 = A3/A2so, {An} is in Geometric progression.
According to formula,An = P( 1 +r/100)Where A is total amount after n years, r is the rate. P is the amount initiallyAn =10, 000( 1 + 10/100)=10,000( 1+0.1)"=10,000(1.1)An =10,000(1.1)now, put n = 1 A1 =10, 000(1.1), put n =2, A2 =10,000(1.1)2in the same way, A3 =10, 00(1.1)you can see that A2/A1 = A3/A2so, {An} is in Geometric progression.now,
According to formula,An = P( 1 +r/100)Where A is total amount after n years, r is the rate. P is the amount initiallyAn =10, 000( 1 + 10/100)=10,000( 1+0.1)"=10,000(1.1)An =10,000(1.1)now, put n = 1 A1 =10, 000(1.1), put n =2, A2 =10,000(1.1)2in the same way, A3 =10, 00(1.1)you can see that A2/A1 = A3/A2so, {An} is in Geometric progression.now,amount payable after 5years
According to formula,An = P( 1 +r/100)Where A is total amount after n years, r is the rate. P is the amount initiallyAn =10, 000( 1 + 10/100)=10,000( 1+0.1)"=10,000(1.1)An =10,000(1.1)now, put n = 1 A1 =10, 000(1.1), put n =2, A2 =10,000(1.1)2in the same way, A3 =10, 00(1.1)you can see that A2/A1 = A3/A2so, {An} is in Geometric progression.now,amount payable after 5yearsA5 =10,000(1.1)^5
According to formula,An = P( 1 +r/100)Where A is total amount after n years, r is the rate. P is the amount initiallyAn =10, 000( 1 + 10/100)=10,000( 1+0.1)"=10,000(1.1)An =10,000(1.1)now, put n = 1 A1 =10, 000(1.1), put n =2, A2 =10,000(1.1)2in the same way, A3 =10, 00(1.1)you can see that A2/A1 = A3/A2so, {An} is in Geometric progression.now,amount payable after 5yearsA5 =10,000(1.1)^5=16, 105.1 Rs