Compound Interest ICSE Class 9 Maths

Last Updated Dec 21st 2022

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At the point when interest is principal amount of an investment, loan or deposit, it is known as compound interest. more..

At the point when interest is principal amount of an investment, loan or deposit, it is known as compound interest.

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Approx Completion Time 1 day
ValidityLifetime access
Course FormatRecorded + Live
IncludesCertificate
Assignments
Content 01:33 Hours Videos
17 Lessons

Overview

ICSE Class 9 Maths Solutions for Compound Interest

The principal amount is multiplied by one plus the annual interest rate to the power of the number of compound periods. The accumulated interest is added to the principal amount and the interest for the up and coming period is calculated on the new amount, which is the principal amount plus the amount of the accumulated interest over the prior period.

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Course Content

Compound Interest

Basic Requirement

Class 9 Student

Skills Covered

Simple Interest
Compound Interest

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