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formula for compound interest depreciation. A -P Remark. The formula for compound interest is Compound Interest CI Principal 1Rate100n - Principal where P is equal to Principal R is equal to Rate of Interest T is equal to Time Period Image will be uploaded soon.
Straight Line Depreciation Straight Lines Method Line from in.pinterest.com
28 can be written as frac 28 100 or as 0028 just as for example 34 can be written as frac 34 100 or as 034 Total amount of compound interest earned. To find the value after two years of depreciation we can. It is opposite to the compound interest.
2021 Curriculum Compound Interest Depreciation Practice Exam for IB Math Applications Interpretation SL.
The compound interest formula is given below. A P where A is the final amount P is the principal r is the rate of interest compounded yearly and n is the number of years. Revision Village - Voted 1 IB Math Resource in 2020 2021. Using the formula for simple decay and the observed pattern in the calculation above we obtain the following formula for compound decay.
