Formula of Compound Interest

In this article we will learn about Compound Interest

If, C.A denotes Compound Amount
P=> Principal
n=> Number of Years
R=> Rate
C.I=> Compound Interest

Compound Interest
Compound Interest

Then,

  • C.A=P(1+r/100)^n
  • C.I=C.A-P or, P(1+r/100)^n-P or, P{(1+r/100)^n-1}
  • P=C.A-C.I
  • C.A=P+C.I
  • C.I=C.A-P

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