Define compound interest?

Asked by Last Modified  

Follow 0
Answer

Please enter your answer

Success in CBSE / ICSE Class 12 and 10 Mathematics Boards

Compound interest is the interest to the principal sum i.e., Compound interest = Principal of last year + Amount Amount = (1+r%) to the power n, number of years.
Comments

Related Questions

Name some English alphabets who have symmetry?
English alphabets having symmetry are: A, B, C, D, E, K, M, T, U, V, W, Y have one line of symmetry. H, I, X have two lines of symmetry. And F, G, J, L, N, P, Q, R, S, Z have neither horizontal nor vertical lines of symmetry.
Krishan
What is the formula for Harmonic mean?
Harmonic Mean of 'a' & 'b' is = 2ab / ( a+b )
Himangi
Which course is the best for a SSC passout student, from the career perspective?
As always start with easy thing (java) and move on to emerging technology like Blockchain which is the future I believe. As we all love decentralisation Blockchain well be a hit. Be an early bird in the emerging tech .
Nitin
Define pie chart and frequency polygon?
Pie chart: If you consider a circle and it into some several parts. for each part you allot some percentage of items okay.
Ambar
0 0
7
What is the relationship between linear algebra and calculus?
linear algebra deals with vector spaces and linear transformations, often used in solving systems of linear equations. Calculus, on the other hand, focuses on rates of change and accumulation. They are...
Sarath Chandra
0 0
7

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Recommended Articles

Raghunandan is a passionate teacher with a decade of teaching experience. Being a skilled trainer with extensive knowledge, he provides high-quality BTech, Class 10 and Class 12 tuition classes. His methods of teaching with real-time examples makes difficult topics simple to understand. He explains every concept in-detail...

Read full article >

Sandhya is a proactive educationalist. She conducts classes for CBSE, PUC, ICSE, I.B. and IGCSE. Having a 6-year experience in teaching, she connects with her students and provides tutoring as per their understanding. She mentors her students personally and strives them to achieve their goals with ease. Being an enthusiastic...

Read full article >

Mohammad Wazid is a certified professional tutor for class 11 students. He has 6 years of teaching experience which he couples with an energetic attitude and a vision of making any subject easy for the students. Over the years he has developed skills with a capability of understanding the requirements of the students. This...

Read full article >

Swati is a renowned Hindi tutor with 7 years of experience in teaching. She conducts classes for various students ranging from class 6- class 12 and also BA students. Having pursued her education at Madras University where she did her Masters in Hindi, Swati knows her way around students. She believes that each student...

Read full article >

Looking for Class 10 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you