Math, asked by Anonymous, 4 days ago

How do you calculate compound interest?​

Answers

Answered by jaditi2468gmailcom
3

Answer:

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. Interest can be compounded on any given frequency schedule, from continuous to daily to annually.

Answered by omayur99
1

ANSWER

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. Interest can be compounded on any given frequency schedule, from continuous to daily to annually.

PLEASE MARK ME AS BRAINLIEST

Similar questions