Compound Interest Calculator

t = time in years If the interest is compounded yearly, n is 1 If the interest is compounded semi-annually, n is 2 If the interest is compounded quarterly, n

With semiannual compounding the interest on the investment will be calculated twice during the year Fig 1 Using the simple interest formula I = Prt, at the

distance formula To calculate monthly compound interest, use the formula A = P^, where A is the final amount, P is the principal, r is the annual

พิน pinterest We can find the value of the investment after the five years by calculating what the investment will earn at a 3% interest rate if compounded