: Simple and 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

Types of Interest · Simple interest is calculated on the principal, or original, amount of a loan · Compound interest is calculated on the principal amount and

formula1688 This formula can also be used for instances where the interest is compounded once every two years In this case, n = , as each year is calculated as half

พิน pinterest Learn the Compound Interest Formula in this free math video by Mario's Math Tutoring 0:05