Write the formulas of compound intWrite the formulas of compound interest and simple interest.
Answers
Answered by
1
Answer:
Thus, the compound interest (CI) is also called as “interest on interest”.
...
Interest Formulas for SI and CI.
Formulas for Interests (Simple and Compound)
SI Formula S.I. = Principal × Rate × Time
CI Formula C.I. = Principal (1 + Rate)Time −
Principal
hope it helps you
Answered by
1
Answer:
Thus, the compound interest (CI) is also called as “interest on interest”.
...
Interest Formulas for SI and CI.
Formulas for Interests (Simple and Compound)
SI Formula S.I. = Principal × Rate × Time
CI Formula C.I. = Principal (1 + Rate)Time − Principal
Step-by-step explanation:
please mark me as brainalist
Similar questions