Q.If the annual compound interest rate is \(r\%\), and the interest earned is _____, then the compound amount of \(p\) rupees in \(n\) years will be \(p\left(1+\cfrac{r}{400}\right)^{4n}\) rupees.

If the annual compound interest rate is \(r\%\), and the interest earned is \(=\left\{p\left(1+\cfrac{r}{400}\right)^{4n}-p\right\}\) rupees, then the compound amount of \(p\) rupees in \(n\) years will be \(p\left(1+\cfrac{r}{400}\right)^{4n}\) rupees.
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