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
Then,
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If, C.A denotes Compound Amount
P=> Principal
n=> Number of Years
R=> Rate
C.I=> 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
I hope you have find this article helpful. If you like this article then you can share this article with your friends also you can Subscribe to our blog. I will try to update all useful Mathematical Formula. Thanks for reading this article.
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