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How do you find compound interest and simple interest?

How do you find compound interest and simple interest?
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How do you find compound interest and simple interest?

User Vancalar
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Step 1: Multiply the Principal, which is the amount borrowed, by the interest rate.

Step 2: Compute compound interest using the following formula: A= P(1+r/n)

Hope this helps u
How do you find compound interest and simple interest?-example-1
User Miroslav Trninic
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