Compound Interest: Meaning, Graph & Formula
compound interest formula The Four Formulas · FV = Future Value, · PV = Present Value, · r = Interest Rate , and · n = Number of Periods Compound Interest Formula · A = amount · P = principal · r = rate of interest · n = number of times interest is compounded per year · t = time
The interest on a loan or deposit calculated based on the initial principal, and the collective interest from previous periods is called compound interest In this video, we expand the equation to calculate simple interest for a single period, P*(1+r
With the compound interest calculator, you can accurately predict how profitable certain investments will be for your portfolio For other compounding frequencies , prospective depositors should refer to the formula below At = A0 ×