The formula for calculating compound interest in a year is: Compound Interest = Total amount of Principal and Interest in future (or Future Value) less the Principal amount at present called Present Value (PV). PV is the current worth of a future sum of money or stream of cash flows given a specified rate of return.

- -2

A= P(1+R/100)n this is when compounded annually

A=P(1+R/200)2n this is compounded half yearly

Compound interest = Amount -principal

Full forms of the letter in the equation:

Where P= principal

R=rate of interest

n=time (no.of months or years)

A=amount

CI=compound interest

Hope this helps you

A=P(1+R/200)2n this is compounded half yearly

Compound interest = Amount -principal

Full forms of the letter in the equation:

Where P= principal

R=rate of interest

n=time (no.of months or years)

A=amount

CI=compound interest

Hope this helps you

- 0

Compound interest = amount - principal

when the rate of interest is compounded annually, then amount = P (1 + R/ 100)

when the rate of interest is compounded half-yearly, then amount = P (1+ R/200)

when the rate of interest is compounded quarterly, then amount = P (1+ R/400)

when the rate of interest is compounded annually, then amount = P (1 + R/ 100)

^{n}when the rate of interest is compounded half-yearly, then amount = P (1+ R/200)

^{2n}when the rate of interest is compounded quarterly, then amount = P (1+ R/400)

^{4n}- 0

= | final amount | |

= | initial principal balance | |

= | interest rate | |

= | number of times interest applied per time period | |

= | number of time periods elapse |

- 0

A= P(1+R/100)n this is when compounded annually

A=P(1+R/200)2n this is compounded half yearly

Compound interest = Amount -principal

Full forms of the letter in the equation:

Where P= principal

R=rate of interest

n=time (no.of months or years)

A=amount

CI=compound interest

Hope this helps you

A=P(1+R/200)2n this is compounded half yearly

Compound interest = Amount -principal

Full forms of the letter in the equation:

Where P= principal

R=rate of interest

n=time (no.of months or years)

A=amount

CI=compound interest

Hope this helps you

- 0