Simple and Compound Interest Formulas with Questions
Interest is one of the most significant ideas in maths and financial calculations. It is very common in banking, loan applications, investments, saving account and competitive exams. Simple Interest and Compound Interest make it easier to find out how much more is earned and/or paid on a principal during the period of time. These Interest … Read more
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Comments
It is given in the question that x != 1 and x!= -1 ..so how can we use the formula for r1
Same here. How can we assume here r is less than 1. It may be greater than one
How r is less than 1?
Sir how u assume r value less then 1 ,it may be greater then 1 also so that the sum of gp formula will different