Question

what is the formula of compound intrest​

Answer 1

Answer:

Compound interest/Formula

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

Answer 2

Answer:

A=p(1+r/n)nt.

Step-by-step explanation:

A = final amount

A = final amountP = initial principal balance

A = final amountP = initial principal balancer = interest rate

A = final amountP = initial principal balancer = interest raten = number of times interest applied per time period

A = final amountP = initial principal balancer = interest raten = number of times interest applied per time periodt = number of time periods elapsed.

i hope it helps uu.

pls thnxx and follow..