Math, asked by deepak6354, 11 months ago

write the formula for claculating amount with compound intrest and explian in terms in formula

Answers

Answered by sanakhan14
6
Heya here is your answer
interest is:

Compound Interest = Total amount of Principal and Interest in future (or Future Value) less Principal amount at present (or Present Value)

                                = [P (1 + i)n] – P

                                = P [(1 + i)n – 1]

(Where P = Principal, i = nominal annual interest rate in percentage terms, and n = number of compounding periods.)

Hope it helps u....
Thanks ✅

manannarang1313: nice answer sis n sry if you hurt
manannarang1313: seyyy
manannarang1313: hiiii
Answered by bhushan79
0

a \:  =  \: p \: (1 \:  +  \frac{r}{n} ) {nt}^  \:
A = amount
P = principal
 \frac{r}{n}  \:  = intrest \: rate \:  \: {decimal \: from}
nt = years
Similar questions