compound interest formula

compound interest formula   Dan distance formula

Compound interest is taken from the initial – or principal

The formula for calculating compound interest is P = C nt Apply the Annual Compound Interest Formula Simple interest only earns a fixed amount of interest based on the original principal amount On the other hand,

tanghuay24 Determine how much your money can grow using the power of compound interest * DENOTES A REQUIRED FIELD Calculator Step 1: Initial Investment  In the second month, it is calculated on the R10 000 plus the interest you have earned In the third month on the R10 000 plus the interest you have earned in