Question

what is formula of compound interest​

Answer 1

Answer:

p=1+r by 100 1+r by 100 will be in full bracket

Answer 2

To calculate the Amount in C. i.,

A=P(1 +R/100)n ( to the power n)

here. A= Amount at the end of period

P= Priciple

R = rate of interest per annum

n= number of years

To calculate interest, i.e. I,

I= A-P

A= amount

P= principle

hope this helps you