compound interest formula

compound interest formula   Dan nu formula

The simple interest formula is linear: I = P r n I=Prn I=Prn while the compound interest formula is non-linear: A = P n A=P^{n} A=Pn in

Compound interest, or 'interest on interest', is calculated using the compound interest formula A = P*^ , where P is the principal 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

ดาวน์โหลด You can calculate compound interest with this Formula: (A = P ^ nt) But manual calculation could go wrong and it takes more time Thus, you can use Single Payment Compound Interest Formulas · F = $1,000 + $600 = $1,600 · F = $1,000 10 = $1,791 · F = $1,000 6 = $1,772 · F = $1,000