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ICSE Class 8 Answered

How to calculate the time period for compound interest when compound interest, rate% and principal are given ? Mention its formula?
Asked by rahuladitya303 | 30 May, 2019, 03:57: PM
answered-by-expert Expert Answer
begin mathsize 16px style Compound space Interest space equals straight P space open parentheses 1 space plus space straight r over 100 close parentheses to the power of straight n space end exponent minus space straight P
Substitute space the space values space of space Compound space Interest comma space Principal comma space rate space of space interest space
and space get space the space value space of space straight n.

straight n space is space the space time space period space for space Compound space Interest. end style
Answered by Yasmeen Khan | 30 May, 2019, 05:06: PM
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