The formula of compound interest
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8
A= P(1+r/n)^t
where
A= Amount
P=principle
r= rate of interest
n= number of times the interest is compounded per year
t=timeperiod
where
A= Amount
P=principle
r= rate of interest
n= number of times the interest is compounded per year
t=timeperiod
suhas333:
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Answered by
7
CI=P(1+R/100)WHOLE RAISE TO N WHERE N IS THE NO OF YEARS- PRINCIPAL
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