Before going into the calculation you need to first know the compound interest formula. Its something about investing that many people arent familiar with but. Its something about investing that many people arent familiar with but it plays an essential role in making investments profitable.
Interest RateEstimated Interest RateYour estimated annual interest rate.
Take an example that you have invested Rs. Example 1 Remember when symbols are written side by side it means to multiply so PRTmeans PRT. If youre curious about compound interest and how it works good for you youre on the right track. Its something about investing that many people arent familiar with but it plays an essential role in making investments profitable.