What is the formula of Compound Interest?
Answers
Answered by
2
Amount = Principal ( 1 + rate of interest / 100 ) to the power n
n = time
Step-by-step explanation:
Compound interest = Amount - principal
Answered by
1
Answer:
The compound interest formula is ((P*(1+i)^n) - P), where P is the principal, i is the annual interest rate, and n is the number of periods.
yes u right I'm 15
Explanation:
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