Compound Interest Formula

Compound Interest compound interest formula Compound interest, or 'interest on interest', is calculated using the compound interest formula A = P*^ , where P is the principal nu formula This formula is derived from the one above When interest is compounded annually, we would have the fraction r1 and multiply t by 1 since it only compounds

formula 1688 As explained earlier, the future value of money after n period with an interest rate of i can be calculated using the Equation 1-1: F=Pn which can also be