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P(r/100)^2

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Q: What is the formula for difference between simple interest and compound interest?
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Related questions

WHAT does the carrot in the formula for compound interest means?

There is no carrot in the compound interest formula!


What is the different between the chemical name and the chemical formula for a compound?

the difference is that the formula does not have the same categories as the chemical compound does


How do you solve compound interest formula for n?

It depends on which compound interest formula you mean. Refer to the Wikipedia Article on "Compound Interest" for the correct terminology.


How would you determine the difference between an ionic and covalent compound from its chemical formula?

it depends if the formula. it is ionic if the bonds are formed between nonmetal and metals.


What is the difference between strontium chloride and lithium chloride?

Strontium chloride is a compound of lithium and chlorine with the formula SrCl2. Lithium chloride is a compound of lithium and chlorine with the formula LiCl.


What is the difference between formula H 2 and formula HCI?

H2 is the formula for pure Hydrogen gas, whereas HCl is Hydrochloric Acid, which is a compound of Hydrogen and Chlorine.


What is the difference between drag slicks and formula 1 slicks?

No technical difference other than compound and size. Slick is just that there are no grooves in the surface (No tread).


What is the formula for compound rubidium and chlorine?

The compound formed between rubidium and chlorine has the formula RbCl.


What is the formula for a simple compound interest rate?

Simple Interest = p * i * n p is principle and i is interest rate per period and n is the number of periods. A = P(1 + r)n is for compound interest.


What is different about compound interest from normal interest?

Normal interest is not calculated over a period of time. It is just the formula to calculate the interests gained. Compound interest is calculated over more time periods such as years.


What is the formula of the ionic compound formed between magnesium and chlorine?

The ionic compound formed between magnesium and chlorine has the formula MgCl2.


What is the difference between compound and formula?

The formula is for compound that have more than one type of elements that joind together. EX. (H2O) is the formula of water. But the symbol is for one element. EX. (C) is the symbol of carbon.