Compound Interest Calculator
Compound Interest Formula
A = P (1 + r/n)^(nt)
Where:
A = the future value of the investment/loan, including interest
P = principal investment amount (the initial deposit or loan amount)
r = annual interest rate (in decimal)
n = number of times that interest is compounded per year
t = time the money is invested or borrowed for, in years
Where:
A = the future value of the investment/loan, including interest
P = principal investment amount (the initial deposit or loan amount)
r = annual interest rate (in decimal)
n = number of times that interest is compounded per year
t = time the money is invested or borrowed for, in years
About Compound Interest Calculator
This calculator calculates the compound interest based on the principal amount, interest rate, time period, and compounding frequency.
It uses the formula: A = P (1 + r/n)^(nt)
This calculator is useful for calculating the future value of an investment or loan.
It uses the formula: A = P (1 + r/n)^(nt)
This calculator is useful for calculating the future value of an investment or loan.