Question

write the formula of compound interest​

Answer 1

Answer:

The compound interest formula is ((P*(1+i)^n) - P), where P is the principal, i is the annual interest rate, and n is the number of periods.

Answer 2

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The Compound Interest formula is- A = P (1 + r/n) (nt). Over here, the A is the final amount and P is the initial principal balance. Similarly, r is the interest rate and n is the no. of times interest applied per time period.