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- So you use the formula balance=principal(1+n over the number of years the the exponent ;0

Q: HOW TO FIND compound interest?

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800 x (1.04)6 ie Rs1012.26

If the rate of annual interest is r% the period is n years and the amount invested is y Then the compound interest is y*(1+r/100)^n - y

With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.

simple interst is when you earn interest from your principal but compound interest is when you earn interest from your principal as well as from your previous interest

compound interest increases interest more than simple interest

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One can find a bunch of compound interest calculators online. Some of the sites that one can use are called, moneychimp, mathisfun and thecalculatorsite.

800 x (1.04)6 ie Rs1012.26

If the rate of annual interest is r% the period is n years and the amount invested is y Then the compound interest is y*(1+r/100)^n - y

it is zero i'm a bad boy

compound... yes it is compound interest.

There is simple interest and there is compound interest but this question is the first that I have heard of a simple compound interest.

With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.

its compound interest

simple interst is when you earn interest from your principal but compound interest is when you earn interest from your principal as well as from your previous interest

compound interest increases interest more than simple interest

Compound interest.

There is no carrot in the compound interest formula!