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Compound Interest
Mathematics · Chapter 2 · 2. Commercial Mathematics
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- Compound interest as repeated simple interest on a growing principal for 2 or 3 years
- Formula A = P(1 + r/100)^n and CI = A - P; interest compounded half-yearly
- Finding the principal, rate or time given the other quantities
- Difference between compound interest and simple interest
- Rate of growth and depreciation