Math, asked by javeedkawalgi, 3 months ago

write formula for amount when interest is compound annually amount amount (A)​

Answers

Answered by rojalina1985mishra
2

Answer:

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 faranfarooq16
2

Answer:

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.

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