A 5000 1 010 1 13. The value after 2 years will be 360639. 8052550 at the end of 5 years with an interest rate of 10 per annum.
To calculate compound interest multiply the principal amount with 1 Interest Rate raised to the number of years.
So compound interest will be Rs. The formula for compound interest is P 1 rn nt where P is the initial principal balance r is the interest rate n is the number of times interest is compounded per time period and t is the number of time periods. P Principal amount r Annual interest rate t Number of years interest is applied beginaligned textCompound Interest P times left. Heres the compound interest formula.