You are on page 1of 1

Pascal's triangle can be used for compound interest problems too.

U can throw away all those messy formula's of compound interest hereafter.

Let me provide a sample question and explain.

principal = Rs. 20,000


rate of interest= 5%
number of years= 3

here n = 3, so go to n= 3 row.
The row is 1 3 3 1 .

20,000 1 3 3 1

5 of 20,000 1000

5% of 1000 50

5% of 50 2.5

You might also like