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compound interest = amount – principal where amount, a = p(1+(r/n)) nt here, p = principal r = rate of interest t = time in years n = number of times interest is compounded per year frequently asked questions on compound interest calculator q1 how is compounded interest calculated...
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simple interest formula maths compound interest questions with solutions question: a sum of rs. 50,000 is borrowed and the rate of interest is 10% per annum. what is the compound interest for 5 years? solution: from the formula for compound interest, we know, c.i = p(1+r⁄100) t ...
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Interest Formulas for simple and compound interests are provided here. Learn here, how to find the SI and CI using the formulas for interest along with solved example questions.