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With March coming to an end, we are moving forward to the 2nd quarter of the year which is marked by this day - April Fool!

If you are not aware of what day is it, check it out here >> What is April Fool Day All About?  

Beware of the Top 100 April Fool’s Day Hoaxes Of All Time!

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We have discussed about Simple And Compound Interest using 2 case studies previously based on concepts understanding. Now we have introduced formulaes which will make your calculation faster and easier :) 

To find the Total Amount based on Simple Interest, this is the formuale you can use:

An : Total Amount after n years

P: Original Principal Amount

r: Simple Interest Rate

n: Number of Years

To find the Total Amount based on Compound Interest, this is the formuale you can use:

An : Total Amount after n years

P: Original Principal Amount

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What does little mermaid wear?Algae-bra …

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