Formula
Formula
1 2……………………………………….N
A=P+PRN P A
P=Principle Amount
R=Rate of Interest
N= No of Year
A Goss Amount Receivable After End of Given Year
Compound Interest
1 2……………………………………….N
I=(1+R)N
P A
P=Principle Amount
R=Rate of Interest
N= No of Year
A Goss Amount Receivable After End of Given Year
A=P(1+R)N
PV=Present Value of Rupees
PV= 1
(1+R)N
• APA= (1+R)N -1
R
• ASF = R
(1+R)N -1