what is the simple method of finding compound interest
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Answered by
5
Use the formula to find amount first then subtract principal from Amount .
The formula of amount =
Amount = Principal ( 1+Rate/100 ) ^ time .
Then Compound Interest =
Compound Interest = Amount - Principal
BE BRAINLY
The formula of amount =
Amount = Principal ( 1+Rate/100 ) ^ time .
Then Compound Interest =
Compound Interest = Amount - Principal
BE BRAINLY
Answered by
0
p(1+r/100)^n is the formula for finding compound interest. after it compound interest =amount -principal
cutebandi:
if
sryy
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