name the types of solving compound interest
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Answer:
The compound interest formula is given below:
Compound Interest = Amount – Principal
Where the amount is given by:
Where,
A= amount
P= principal
R= rate of interest
n= number of years
It is to be noted that the above formula is the general formula for the number of times the principal is compounded in an year. If the amount is compounded annually, the amount is given as-
Answered by
0
Answer:
Here is your answer
Formula of Compound Interest :
Amount - Principle
Here,
A = Amount
P = Principle
R = Rate
T = Time
Amount = P(1+R/100)^t
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