In case of compound interest, interset is to be added to principal at the fixed time interval, i.e., the amount of principal increases continuously.

Write True or False In case of compound interest, interest is to be added to principal at the fixed time interval i.e. the amount of principal increase continuously.

In the case of compound interest the principal does not change.

The interest given or received for a certain period of time on certain amount of principal is called "Total interest".

In compound interest, principal changes periodically.

The quantity of compound and simple interest of a certain principal at a fixed rate of annual interest in percent in 1 year are …….

If the rate of compound interest of principal Rs. p is r% per annum and the interest is compound quarterly, i.e. the number of phase of compound in a year is 4, then find the amount for n years.