Compound Interest Shortcut Tricks

Compound Interest Shortcut Tricks
Compound Interest is Similar to Simple Interest as we know that same for same time but some cases its different from Simple Interest, In case of Compound Interest the interest is vary according to time but the first year it is equal that is 1st year Interest is Compound Interest = Simple Interest. But after that year it is increases.



Compound Interest Shortcut Tricks
Some important formula of Compound Interest

A = Amount.
P = Principal.
R = Rate of Interest.
N = Number of Years.


A = P ( 1 + r / 100 )ⁿ

C.I = P [( 1 + r / 100 )ⁿ - 1]


Here is some sub link of Examples about this topic which help you better understanding.

• Find Compound Interest Tricks
• Find Simple interest based question
• Find The rate % based question
• Find Principle or Sum based question
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