SIMPLE AND COMPOUND INTEREST
by Dwitipriya Panda
1. SIMPLE INTEREST
2. Amount= Principal+Interest
3. SI= Principal*Time*Rate/100
4. Amount= P+PTR/100= P(1+RT/100
5. APPRECIATION AND DEPRECIATION
6. Appreciation = Initial/Starting Value* (1+ %inc or dec/100)^t
7. COMPOUND INTEREST
8. CI= P(1+ r/100)^t- P
9. OR CI= P[(1+r/100)^t-1]
10. Amount= P(1+r/100)^t
11. When the P is compounded semi annualy: Amount= P (1+r/100)^2t
12. Depreciation = Initial/starting value* (1+ %inc or dec/100)^t