Question

Write the formula of compound interest.​

Answer 1

Step-by-step explanation:

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

Hope it helps...

Answer 2

Answer:

A = final amount

P = initial principal balance

r = interest rate

n = number of times interest applied per time period

t = number of time periods elapsed

Step-by-step explanation:

A=P (1+r/n)power,nt