FORMULA COMPOUND INTEREST Simple interest EXAMPLE COMPARISON OUR NETWORK Simple and compound interest EXPLAIN

1. COMPOUND INTEREST

2. FORMULA

3. COMPOUND INTEREST
Compound interest is the addition of interest to
the principal sum of a loan or deposit, or in
other words, interest on interest.
C.I.= 𝑷(𝟏 +
𝒓
𝟏𝟎𝟎
) 𝒕

4. COMPARISON

5. EXAMPLE
Time
Annual
Compounding
Quarterly Monthly
1 year 10,800 10,824 10,830
5 years 14,693 14,859 14,898
10 years 21,589 22,080 22,196

6. OUR NETWORK
COMPOUND INTEREST
TOTAL (IN RS.)
SIMPLE INTEREST
TOTAL (IN RS.)
1050 1050
1100 1102.50
1150 1157.63
1200 1215.51
YEAR
YEAR 1
YEAR 2
YEAR 3
YEAR 4
1250 1276.28YEAR 5
FOR RS. 1000

7. Simple and compound interest
C.I.= 𝑃(1 +
𝑟
𝑛𝑡
) 𝑛𝑡
S.I.= 𝑃 + (𝑃 ∗ 𝑟 ∗ 𝑡)
FOR CALCULATION OF PRINCIPLE+INTREST
P = principal amount (the initial amount you borrow or deposit)
r = annual rate of interest (as a decimal)
t = number of years the amount is deposited or borrowed for.
A = amount of money accumulated after n years, including interest.
n = number of times the interest is compounded per year

8. THANKYOU