How to Calculate Compound Interest: A Comprehensive Guide

Compound Interest Formula compound interest formula The simple interest formula is linear: I = P r n I=Prn I=Prn while the compound interest formula is non-linear: A = P n A=P^ A=Pn in formula 1688 The formula for simple interest is, =100, where is the principal amount, r is the interest rate, and t is the time period

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