what is compound intrest? how it can be calculated
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a=p(1+r/100)^n is the formula
devil133:
thank you for the answer
wlcm
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If it possible
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Step-by-step explanation:
Compound interest is calculated by multiplying the initial principal amount by one plus the annual interest rate raised to the number of compound periods minus one. The total initial amount of the loan is then subtracted from the resulting value
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