Interest Formulas For Simple and Compound Interests With

Compound Interest compound interest formula For example, if you invest Rs 50,000 with an annual interest rate of 10% for 5 years, the returns for the first year will be 50,000 x 10100 or Rs 5,000 For ดาวน์โหลด pinterest The EFFECT function returns the compounded interest rate based on the annual interest rate and the number of compounding periods per year The formula to

formula1688 Compound interest is taken from the initial – or principal