Question

S.I ka formula and p ka​

Answer 1

Step-by-step explanation:

A = P(1 + \frac{r}{n})^{nt}

A = final amount

P = initial principal balance

r = interest rate

n = number of times interest applied per time period

t = number of time periods

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Answer 2

Answer:

The money borrowed is called the principal (P). Extra money paid back is called the simple interest (S.I).