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what is the formula of compound interest class 8. Compound Interest by Using Formula. 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.
RRate of interest compounded annually. Compound Interest RS Aggarwal Class 8 Maths Solutions Ex 11B. Here we will discuss maths compound interest questions with solutions and formulas in detail.
Solution Amount after 2³₄ years.
Find the Compound Interest CI and the amount she has to pay at the end of 2 years. RRate of interest compounded annually. To calculate compound interest we need to know the amount and principal. 15000 100 8 1002 Rs.