Question

if P is the principle,R is the rate of interest per annum, and n is the time period,then find the amount at the end of the nth year if the interest is compound yearly​

Answer 1

Answer:

P(1+R/100)^n=I

Step-by-step explanation:

P stands for principal

R stands for interest

n stands for time period

I stands for Compound interest

Answer 2

Answer:

$A = P(1 + \frac{R}{100})$

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