✒How to find the Compound interest .
✒Give its formula .
✒And give one example of compound interest.
✅Give example with question and answer both .
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✒How to find the Compound interest .
✒Give its formula .
✒And give one example of compound interest.
✅Give example with question and answer both .
⚠️DON'T COPY FROM GOOGLE⚠️
⚠️DON'T POST IRRELEVANT ANSWER⚠️WARNED .......
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Step-by-step explanation:
Formula of compound interest =P(1+r/100)
example :-
p=1000
r=5%
t=1 year
so,A=1000(1+5/100)¹
=1000(1+1/20)¹
=1000×21/20
=21×50
=1050 and:-
Answer:
1. YOU CAN FIND COMPOUND INTEREST BY FOLLOWING FORMULAS:
[tex]a = p( {1 + \frac{r}{100} })^{n} \\ \\ \\ \\ \\ c = a - p [/tex]
WHERE,
A =AMOUNT
P = PRINCIPLE
R= RATE OF INTEREST
N=TIME PERIOD
AND,
C=COMPUND INTEREST.
♤SEE THE ABOVE ATTACHMENT FOR EXAMPLE.