Math, asked by HarshitaBishoyi, 6 months ago

hey guys what is the formaula for compound interest?​

Answers

Answered by vk392516
1

Answer:

amount subtract from principal

Answered by mohit810275133
1

Step-by-step explanation:

HEY MATE ..

Compound interest, or 'interest on interest', is calculated with the compound interest formula.

Compound interest, or 'interest on interest', is calculated with the compound interest formula.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.

Similar questions