Question

write simple interest and compund interest formulas​

Answer 1

Step-by-step explanation:

The simple interest formula is I = P x R x T. Compute compound interest using the following formula: A = P(1 + r/n) ^ nt. Assume the amount borrowed, P, is $10,000. The annual interest rate, r, is 0.05, and the number of times interest is compounded in a year, n, is 4.

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Answer 2

$\huge \bold \red {❥answer}$

Simple Interest= P×R×T/100

Compound Interest= A= P (1+R/100)^n

P- Principal

P- PrincipalR- Rate

P- PrincipalR- RateT- Time

P- PrincipalR- RateT- TimeA- Amount

P- PrincipalR- RateT- TimeA- AmountN- Time

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