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Let’s take a sample to view how to calculate the the values in formula and how to calculate the CI, P = 2500, n = 1 years R= 5% and interest is calculated yearly. Put values in formula we obtain, A = 2500 (1 + 5/100)1 A = 2500 (106/100) A= 25 * 106, A = 2650. In this way we calculate the compound interest.
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