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Dear student,
P is the principal (the initial amount you borrow or deposit) r is the annual rate of interest (percentage) n is the number of years the amount is deposited or borrowed for. A is the amount of money accumulated after n years, including interest. When the interest is compounded once a year: A = P(1 + r)n Please feel free to ask your queries here. We are all IITians and here to help you in your IIT JEE preparation. All the best. Win exciting gifts by answering the questions on Discussion Forum. So help discuss any query on askiitians forum and become an Elite Expert League askiitian. Now you score 5+15 POINTS by uploading your Pic and Downloading the Askiitians Toolbar respectively : Click here to download the toolbar.. Askiitians Expert Sagar Singh B.Tech, IIT Delhi
P is the principal (the initial amount you borrow or deposit)
r is the annual rate of interest (percentage)
n is the number of years the amount is deposited or borrowed for.
A is the amount of money accumulated after n years, including interest.
When the interest is compounded once a year:
A = P(1 + r)n
Please feel free to ask your queries here. We are all IITians and here to help you in your IIT JEE preparation. All the best. Win exciting gifts by answering the questions on Discussion Forum. So help discuss any query on askiitians forum and become an Elite Expert League askiitian. Now you score 5+15 POINTS by uploading your Pic and Downloading the Askiitians Toolbar respectively : Click here to download the toolbar.. Askiitians Expert Sagar Singh B.Tech, IIT Delhi
Please feel free to ask your queries here. We are all IITians and here to help you in your IIT JEE preparation.
All the best.
Win exciting gifts by answering the questions on Discussion Forum. So help discuss any query on askiitians forum and become an Elite Expert League askiitian.
Now you score 5+15 POINTS by uploading your Pic and Downloading the Askiitians Toolbar respectively : Click here to download the toolbar..
Askiitians Expert
Sagar Singh
B.Tech, IIT Delhi
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