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Formula for C.I.
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Answered by
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Compoundinterestformula−
A = P (1+r/n)^nt
Where,
P = principal amount (the initial amount you borrow or deposit)
r = annual rate of interest (as a decimal)
t = number of years the amount is deposited or borrowed for.
A = amount of money accumulated after n years, including interest.
n = number of times the interest is compounded per year.
Thanks..
Answered by
5
Heya mate!!
CI = Amount - Principal
Hope it helps u dear✌️✌️
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