Question

What is the formula to calculate the amount for simple interest and compound interest?

A = P - I; C.I=A+P
A=P+I; C.I=A-P
A=P+I; C.I=A+P
A=P-I; C.I=A-P

Answer 1

Answer:

The above formula: A = CI + P will give us total amount. · Questions 1: Find the amount if Rs 20000 is invested at 10% p.a. for 3 years

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