MATHS WITH S.U.M
Session 2023-2024
O-LEVEL
MATHS (4024)
Compound Interest
Simple Interest
Principal $1000
2023
=
SYED UMAID MINHAJ
INTEREST (Profit
Interest rate 2%
=
in
Time
20241000 $20
+
2025
1020
years
5
=
$1020
=
$20 $1040
+
=
20261040 $20 $1060
=
+
20271060
20281080
$
+
20
+$20
Maths with S.U.M
$1086
=
=$1100
syedumaidminhaj
+923403903719
SYED UMAID MINHAJ
Principal $1000
2023
=
Interest rate 2%
=
in
Time
years
2024$1000 $20
+
2025
1020
=>$1020
$20.4
+
2026 1040.4, $20.80
2017 10b1.20
2028 1082.4
Maths with S.U.M
+
5
=
$1040.4
=>
=>$1061.20
21.22 => 1082.42
+
21.64
=$1104.86
syedumaidminhaj
+923403903719
3. I
where
t
=
a
Simple Interest
3.1.
SYED UMAID MINHAJ
Simple Interest:
=Principal
P
rate
Interest
R
=
Fotal
I
-
A P
=
Maths with S.U.M
Time
S.I
+
syedumaidminhaj
+923403903719
A
P(1
=
()*
+
where
A
P
8
I
Maths with S.U.M
=Final
Amount
SYED UMAID MINHAJ
Compound Interest:
Principal.
=
=
Interestrate
-Time
in
syedumaidminhaj
year.
+923403903719