Business Studies, asked by sahajan8026, 1 year ago

How to find the compound interest for four years paramount concept?

Answers

Answered by KameenaYaar01

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. The total initial amount of the loan is then subtracted from the resulting value.

Answered by Pratik021205

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. The total initial amount of the loan is then subtracted from the resulting value.

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