How to find compound interest and what are formulas give an example of

1.	How to find compound interest and what are formulas give an example of how to find it
Answer» ong>Answer: Compound Intrest = Amount - Principal Step-by-step EXPLANATION: There are two CASES : (i) When amount is given (ii) When amount is not given So in (i) case : The formula is :- CI = Amount - Principal And in (ii) case : The formula is : Amount = Principal(1+R/100)^Time Example is in the Above picture HOPE it helps!!

How to find compound interest and what are formulas give an example of how to find it

Answer»

ong>Answer:

Compound Intrest = Amount - Principal

Step-by-step EXPLANATION:

There are two CASES : (i) When amount is given

(ii) When amount is not given

So in (i) case :

The formula is :- CI = Amount - Principal

And in (ii) case :

The formula is : Amount = Principal(1+R/100)^Time

Example is in the Above picture

HOPE it helps!!