Question

what are formula of compound interest​

Answer 1

Answer

Formula of compounded anually is

Amount = Principal (1+Rate / 100)Time

Answer 2

Answer:

HELLO

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 elapsed

Step-by-step explanation:

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