write down the formula for
finding
compound interest
Answers
Answered by
4
The formula for compound interest is P (1 + r/n)^(nt), where P is the initial principal balance, r is the interest rate, n is the number of times interest is compounded per time period and t is the number of time periods.
Answered by
0
Answer:
compound interest =(ammount - principal)
Step-by-step explanation:
amount =(1+rate /100)^time
Similar questions
Computer Science,
2 months ago
Computer Science,
4 months ago
Computer Science,
4 months ago
Math,
9 months ago
Social Sciences,
9 months ago
Hindi,
9 months ago