Question

please tell me the formula of solving compound interest?hints

Answer 1

A = P(1+r/100)^n

Where A = compound interest

P = Principal amount

r = rate of interest per annum

n = time in years

Answer 2

A= P(1+R/100)^N

Where A is Compound interest

P is Principal amount

T is time in years and...

R is rate of interest per annum

Hope this helps!!!

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