# formula of compound interest with example

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p (1+trĂ·2)^n this is rhe aswer

ManikumarL:
if it helps u mark as brainlist answer

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Let's look a example if a amount of 5000 is deposited into a saving account at an annual interest rate of 5% compounded monthly the value of the investment of 10 year's can be calculated as followsP=5000 R=5/100=0.05

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