How to find compound interest (formula)
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Answered by
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CI=A-P
=P(1+r/100)^n - P
=P(1+r/100)^n - P
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HERE IS YOUR PERFECT ANSWER:
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Formula for compound interest=
A = P(1 + r/n)^nt
where,
A = amount
P = principle
r = rate of interest
n = no. of times the interest is compounded per
year.
t = time period.
HOPE THIS WILL HELP YOU .
PLEASE MARK IT AS THE BRAINLLIEST.
##############################
%%%%%%%%%%%%%%%%%%%%%%
Formula for compound interest=
A = P(1 + r/n)^nt
where,
A = amount
P = principle
r = rate of interest
n = no. of times the interest is compounded per
year.
t = time period.
HOPE THIS WILL HELP YOU .
PLEASE MARK IT AS THE BRAINLLIEST.
##############################
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