Math, asked by Swastikdas3585, 1 year ago

The interest got in an year and the amount deposited in scheme in which interest is compounded annually

Answers

Answered by sargamkashyap
0
The principle of compounding growth is used extensively in the financial world to transform small savings into a big corpus over time. It’s also the underlying idea behind MBA topics such as time value of money and discounted cash flow (DCF) valuation.
Answered by appuarya511
0

Answer:

Constant of proportionality=R

Step-by-step explanation:

If the amount deposited is P and the rate of interest is R.

Annual interest = I = PNR,

I = P × R (N = 1)

The amount and interest are propor-tional.

Constant of proportionality is rate of interest, R

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