Question

formula of compound interest compounded quarterly​

Answer 1

Answer:

HEY BUDDY...

GOOD EVE...♥

COMPOUND INTEREST IS CALCULATED BY MULTIPLYING THE INITIAL PRINCIPAL AMOUNT BY ONE PLUS THE ANNUAL INTEREST RATE RAISED TO THE NUMBER OF COMPOUND PERIODS MINUS ONE...

A = P (1+r/n) nt

A - the future value...

P - the principal...

r - the annual interest rate...

n - the number of times that the interest is compounded...

t - the time the money is invested...

HOPE IT HELPS...!!!

HVE A GRT DAY AHEAD...^_^

Answer 2

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●Compound Interest Formula

→${Amount=Principal(1+}\frac{Rate}{100})^{Time}$