Compound Interest Formula

compound interest formula  This algebra & precalculus video tutorial explains how to use the compound interest formula to Compound interest is calculated on the principal amount and the interest already accumulated on previous periods For example, take the amount of

Formula for Compound Interest · Amount = mathbf{Pleft ^{nT}} · Compound Interest = Total amount Aptitude :: Compound Interest · Let Principal = P, Rate = R% per annum, Time = n years · When interest is compound Annually: · When interest is compounded Half-

Derivation Let us consider the principle as “P” and rate of interest as “R” At the end of first compounding period, the simple interest on principal is P*r 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