Compound Interest Calculator

Calculate compound interest on an investment or savings. Using the compound interest formula, calculate principal plus interest or principal or rate or time. Includes compound interest formulas to find principal, interest rates or final investment value including continuous compounding A = Pe^rt. Compound Interest Equation A = P(1 + r/n)nt Where: A = Accrued Amount (principal + … Read more

How Many Pints in a Gallon?

How Many Pints in a Gallon (US Version)? There are 8 pints (pt) in 1 gallon (gal). This means that 1 pint equals 1/8 gallon. So if you have a gallon of milk in your fridge, this would be equivalent to 8 pints of milk. Or, say you filled up your car with a half gallon of … Read more

Merits and Demerits of Arithmetic Mean

(A) Merits: (i) It is rigidly defined, simple, easy to understand and easy to calculate. (ii) It is based upon all the observations. (iii) Its value being unique, we can use it to compare different sets of data. (iv) It is least affected by sampling fluctuations. (v) Mathematical analysis of mean is possible. So, It … Read more

Formal and Informal Letter

Here we have given formal and informal letter difference which will help to understand basic difference between formal and informal letter. Formal Letter Informal Letter It is written in a formal way or a professional way It can be casual also It is an official announcement by a person or a firm It is non-official … Read more