Compound Interest Formulas and future value formulas
1. Let Principal = P, Rate = R% per annum, Time = n years.
2. When interest is compound Annually:
3. When interest is compounded Half-yearly:
4. When interest is compounded Quarterly:
5. When interest is compounded Annually but time is in fraction, say \(3 \frac { 2 } { 5 }\) years.
6. When Rates are different for different years, say R1%, R2%, R3% for 1st, 2nd and 3rd year respectively.
7. Present worth of Rs. x due n years hence is given by:
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