Compound Interest Formula In Nepali. The future value of the investment rounded to 2 decimal places is 122 10. Sania made an investment of rs 50 000 with an annual interest.
Compound Interest Type 1 And Explanation Youtube from Class 10 [SLC] Compulsory Mathematics Compound Interest Explanation and Type 1
This formula returns the result 122 0996594. It is the result of reinvesting interest rather than paying it out so that interest in the next period is then earned on the principal sum plus previously accumulated interest. However in this example the interest is paid monthly.
It is the result of reinvesting interest rather than paying it out so that interest in the next period is then earned on the principal sum plus previously accumulated interest.
I have given concept formulas of compound and simple interest in nepali. Compound interest is the interest that accumulates on the principal amount of money plus any interest that has been earned during the course of a loan deposit or debt. How to use formula of simple interest and det. The excel compound interest formula in cell b4 of the above spreadsheet on the right once again calculates the future value of 100 invested for 5 years with an annual interest rate of 4.
