Compound Interest Formula Explained, Investment, Monthly

For example, if you invest Rs 50,000 with an annual interest rate of 10% for 5 years, the returns for the first year will be 50,000 x 10100 or Rs 5,000 For

You can calculate compound interest with this Formula: (A = P ^ nt) But manual calculation could go wrong and it takes more time Thus, you can use

compound interest formula The compound interest formula is simple and involves four variables P,R,N,n The P in the formula stands for the principal amount of the investment, and R

distance formula Compound interest calculation formula · FV: future value · P: principal · r: interest rate · n: number of compounding periods per year (yearly =