In formula , A stands for
A=P(1+R/100)^n
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Compound Interest is the interest calculated on the cumulative amount, rather than being calculated on the principal amount only. Amount, A = P [1 + (R / 100)]n, where P is the principal, R is the rate of interest per unit time period and n is the time period.
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A stands for compound interest in n year where principal p and rate R%@ anuum
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