Math, asked by tintedtimber, 5 months ago

How should I known when to assume principal as x and when to assume principal as 100 in Compound Interest?

Please answer :(

Answers

Answered by updatestoday286

Step-by-step explanation:

Regardless of your rate, the more often interest is paid, the more beneficial the effects of compound interest. A daily interest account, which has 365 compounding periods a year, will generate more money than an account with semi-annual compounding, which has two per year.

Answered by Anonymous

Answer:

Ok if compound interest is given it is not always 100 It can be anything.

When compound interest is not given you can take it as x or any variable like s,a,b everything from the Alpha bets

You can follow me if you want quality answer

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