Compound Interest Meaning

Compound Interest compound interest formula

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compound interest formula Compound interest is more complex than simple interest It lets you gain value on the principal and accumulated interest A=P^nt  To calculate annual compound interest, multiply the original amount of your investment or loan, or principal, by the annual interest rate Add that amount to Future value compound interest formula in Excel ; rate refers to Interest rate of each period; In the example: r12 or 8%12, as it's compounded monthly,

ตารางคะแนน ทุก ลีก เอิ ง The formula for simple interest is, =100, where is the principal amount, r is the interest rate, and t is the time period