Question

the formula for calculating the compound interest is choose the correct options. p[1- R / 100]n or p[ 1. +R / 100 ] n
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Answer 1

Required Answer

• $\tt \large \: A=P \bigg(1+\frac{R}{100} \bigg)^n$

Answer 2

Answer:

If the principal = P, rate of interest per unit time = r %, number of units of time = n, the amount = A and the compound interest = CI

Then

A = P(1 + r100)n and CI = A - P = P{(1 + r100)n - 1}

Note:

A = P(1 + r100)n is the relation among the four quantities P, r, n and A

Step-by-step explanation:

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