1.

What is the formula of (vat) value added tax,simple interest,compound interest​

Answer»

<P>Simple interest: A = P (1 + rt)

A = final amount

P = initial principal balance

R = ANNUAL interest rate

t = time (in years

Compound Interest: A = P(1 + {r}/{n})^{NT}

A = final amount

P = initial principal balance

r = interest rate

n = number of times interest applied PER time period

t = number of time periods elapsed



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