Question

what is the formula of compound interest​

Answer 1

Compound interest = Amount - Principal ....

Now, To find Amount when Rate is compounded annually ..

let Rate = R%

Time = t years

Principal = P

Amount = A

so,

$\</strong><strong>h</strong><strong>u</strong><strong>g</strong><strong>e</strong><strong>\red{\boxed{\sf </strong><strong> </strong><strong>A\</strong><strong>:</strong><strong>=</strong><strong>\</strong><strong>:</strong><strong>P</strong><strong>( 1 + \frac{r}{100})^{t}</strong><strong>}}$

( Hope it Helps you )

Answer 2

Step-by-step explanation:

hope it helps you.....