what is the formula of compound interest?
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Step-by-step explanation:
C.I.= P (1+R/100 - 1) this is the formula to find C.I.
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The formula for compound interest is P (1 + r/n)^(nt), where P is the initial principal balance, r is the interest rate, n is the number of times interest is compounded per time period and t is the number of time periods
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