শূন্যস্থান পূরণ করো
The principal amount ($P$) is the initial sum of money, while the interest rate ($r$) should be expressed as a .
In the simple interest formula, $I = Pnr$, the amount accumulated after interest is added is $A = P + I = P(1 + )$.
As time ($n$) increases, the final amount ($A$) in compound interest grows compared to simple interest.
To calculate the interest earned using the simple interest method, multiply the principal, rate, and time period together: $I = .
In compound interest, the formula for the amount accumulated is $A = P(1 + r)^n$, where $(1 + r)^n$ is known as the factor.
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