Compound Interest Formula

Compound interest calculation formula · FV: future value · P: principal · r: interest rate · n: number of compounding periods per year (yearly =

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

ดาวน์โหลด pinterest 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

nu formula 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