Concept of Compound Interest When interest is calculated for every period on the total previous amount, then the total amount of interest gained on… Click here to read more
Examples of Compound Interest Example 01: Find the compound amount and compound interest on the principal Rs.20,000 borrowed at 6% compounded annually for 3… Click here to read more
More Examples of Compound Interest To find the principal We are given n, A, and r We have to find P by the formula $${\text{A}}… Click here to read more