# Question: We know that , Compound Interest = Amount - Principal money So, Compound Interest = $p{\left(1+\frac{r}{100}\right)}^{t}-p$ Q: Derive the formula for Amount i.e. $p{\left(1+\frac{r}{100}\right)}^{t}$ in Compound interest without taking any certain examples. {{Derive this by using concepts that can be universally applicable as a derivative.}}

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Rd sharma Ncert chapter 14
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