hey it is the formula

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hey it is the formula

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COMPOUND INTEREST =AMOUNT -PRINCIPLE

SIMPLE INTEREST=P*(1+RT)

I HOPE THIS HELPED..

The Brainliest Answer!

Here, Interest can be either Simple interest of compound Interest.

ii) To calculate CI, you need to calculate Amount and subtract principal from it.

where

P = principal

r = Interest rate in percentage

n = number of time it is compounded in a year

t = time period in years

So CI is given by

iii)To calculate SI, you can use the formula

where

P = principal

t = time period

r = Interest rate in percentage