What is the formulae to find compound interest???
Answers
Answered by
2
in Compound Interest
Amount =A= principal (1+r/100)^n
where n= time period and r = rate of interest
now CI= A-P= p (1+r/100)^n-p= p ((1+r/100)^n -1)
Amount =A= principal (1+r/100)^n
where n= time period and r = rate of interest
now CI= A-P= p (1+r/100)^n-p= p ((1+r/100)^n -1)
RashmiM1:
thanx
Answered by
2
Heya! here's the formula of compound interest ================》
A=[ p + 1+ r/n]^nt
Hope it helps...
A=[ p + 1+ r/n]^nt
Hope it helps...
Similar questions
English,
8 months ago
English,
8 months ago
History,
1 year ago
India Languages,
1 year ago
Social Sciences,
1 year ago
Political Science,
1 year ago