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Compound interest (or compounding interest) is interest calculated on the initial principal, which also includes all of the accumulated interest of previous periods of a deposit or loan. P = principal amount (the initial amount you borrow or deposit) r = annual rate of interest (as a deci...
Mock Test serves many purposes, it is a practice exam, designed to be as much like the real thing as possible. Following are 7 ways Mock Test are helpful to Students Mock Test can be attempted multiple times to makes student more perfect in particular subject.Shows how well they are prepared fo...
1. Average refers to the sum of numbers divided by n. Also called the mean average. Average Formula = Sum of observations/ Number of observations Some important properties of average are: When the difference between all the items is same (and the number of terms is odd), then...