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compound interest rate formula example. A P 1 r n n t A 1 000 000 1 06 12 12 5 A 1 000 000 1 0005 12 5 A 1 000 000 1005 60 A 1 348 85015. FV Future Value PV Present Value r Interest Rate as a decimal value and.
How To Calculate Compound Interest And Simple Interest Examples And Step By Step Solutions Gcse Maths Videos And Simple Interest Compound Interest Gcse Math from www.pinterest.com
So compound interest will be Rs. To solve the compound interest for other time periods all you have to do is change the Number of compounding periods per year. Compounded 12 times per year.
3052550 while the total accumulated wealth A will be Rs.
P Principal Amount. Learn the Compound Interest Formula in this free math video by Marios Math Tutoring005 Formula for Calculating Compound Interest038 Example 1 5000 at 8. 50000 110100 5 50000 8052550 50000. FV PV 1r n.
