What is the formula for compound Interest?
Answers
Answered by
1
Answer:
A = P ( 1 + r/n ) nt
A = final amount
P = initial principle balance
r = Interest rate
n = number of times interest applied per period.
t = number of times period elapsed....
hope it helps u.......
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Answered by
13
Answer:
hii mate....
formula to find compound interest is
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
hope it helps you....
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