Math, asked by engving, 2 months ago

hello
formula of C. I.

compound interest

only for hannu
request from all others​

Answers

Answered by MathLoverHannu
21

Answer:

C.I. stands for Compound interest

 \tt C.I. = p \times  [ {(1 +  \frac{r}{100}) }^{n}  - 1 ]

Where :-

P = Principal amount

R = Rate of interest

N = Time period

____________________________________

❀Tʜᴀɴᴋs ғᴏʀ ǫᴜᴇsᴛɪᴏɴ❀

Answered by AnmolJigarChawla
10

Answer:

 \huge \red{A = P(1 +  \frac{r}{n})^{nt} }

A = final amount

P = initial principal balance

r = interest rate

n = number of times interest applied per time period

t = number of time periods elapsed

Similar questions