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how to solve n in compound interest. R Rate of Interest. 1152800 12n 144 12n 144 122 Thus it takes two years for the compound interest to amount to Rs1152.
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F P 1 i n. The bank gives you a 6 interest rate and compounds the interest each month. From second month the interest starts changing.
What annual interest rate does this account pay.
R Annual Nominal Interest Rate as a decimal. R Rate of Interest. What is compound interest. R Annual Nominal Interest Rate as a decimal.
