Arithmetic · Classes 7, 8, 9

Compound Amount

Amount with annual compounding.

FORMULA
\(A=P(1+\frac{r}{100})^t\)

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Worked example

₹1000 at 10% for 2 years ⇒ ₹1210

Understand this formula

Amount with annual compounding.

Check measurement units, mathematical domains and rounding before applying any result in an examination.

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