Square Root Calculator Square Root Calculator is used to calculate the square root of a number. Raising any number to the power half gives the square root of that number. Step by Step Calculations Step 1 : Formula for square root of a number = (number)12 Step 2 : Check the answer by finding the square of the answer, which is equal to the given number. Example Problems Find the square root of 144? Step 1 : Square root of 144 = (144)12 = 12
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Step 2 : (12)2 = (12)×(12) = 144 is equal to given number Answer : 12 Find the square root of 8? Step 1 : Square root of 8 = (8)12 = 2.828 Step 2 : (2.828)2 = (2.828)×(2.828) = 7.99999997 = 8(approximately) is equal to given number. Answer : 2.828
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Compound Interest Calculator The compound interest can be defined as the investment rate growing exponentially and not linearly as in the case of simple interest. Step by Step Calculations Step 1 : Formula for calculating the total amount, Total amount = P(1+(R/100))n. Compound interest = Total amount - principal. Step 2 : When the Time is given in months then: 1 month= 0.08, 2 months = 0.17, 3 months= 0.25, 4 months= 0.33, 5 months= 0.42, 6 months= 0.50, 7 months= 0.58, 8 months= 0.67, 9 months= 0.75, 10 months= 0.83 and 11 months= 0.92. Example Problems
Tom deposited the amount $6000 at 10.4% interest rate for 2 years in finance.Find the compound interest and total amount. Step 1 : Total amount = P(1+(R/100))n. Where P = $6000 , R = 10.4% and n = 2. Plug in the values in the above formula. Total amount = $6000*(1+(10.4/100))2 Total amount = $6000*(1+0.104)2 Total amount = $6000*(1.104)2 Total amount = $7312.896 Step 2 : Compound interest = Total amount - principal. Compound interest = 7312.896−6000. Answer : Compound interest = $1312.896. Jack deposited the amount $12500 at 13.4% interest rate for 1 years in finance.Find the compound interest and total amount. Step 1 : Total amount = P(1+(R/100))n.
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Where P = $12500 , R = 13.4% and n = 1. Plug in the values in the above formula. Total amount = $12500*(1+(13.4/100))1 Total amount = $12500*(1+0.134)1 Total amount =$12500*(1.134)1 Total amount =$14175. Step 2 : Compound interest = Total amount - principal. Compound interest = 14175−12500 Answer : Compound interest = $1675.
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