what is the formula of compound interest ?
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The Formula of compound interest is
A = P ( 1 + r / n) ^nt
A = Amount
P = principal
r = rate per annum
nt = number of times
T = time years
A = P ( 1 + r / n) ^nt
A = Amount
P = principal
r = rate per annum
nt = number of times
T = time years
Answered by
1
Here Is Your Ans ⤵
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Formula for Compound Interest
A = P(1 + r/n)^nt
P = principal
r = rate of interest
t = number of years
n = number of time interest is compounded
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