أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
Simple Interest = ( Principal amount * Rate of Interest )* Time
Compound Interest = FV = PV * (1+r)n
(A)Simple interest= PNR/100,where P=Principal,
n=number of years
r=rate of interest .
(B) Compound Interest= {P(1+ r/100) to the power n}-P
having the expansion as above.
In Cmpound interest, interest is computed for interest also.
Simple intr=amount * Interest rate * the Time
Compound Interest = FV = PV * (1+r)n