compound interest formula

compound interest formula   Dan compound interest formula

Key Takeaways · Compound interest is the interest computed on the sum of the initial investment amount and its accumulated interests · The

t = time in years If the interest is compounded yearly, n is 1 If the interest is compounded semi-annually, n is 2 If the interest is compounded quarterly, n In the second month, it is calculated on the R10 000 plus the interest you have earned In the third month on the R10 000 plus the interest you have earned in

โต๊ะข้างเตียง Learn about the basics of compound interest, with examples of basic compound interest Answer- The Compound Interest formula is- A = P Over here, the A is the final amount and P is the initial principal balance Similarly, r is the