Compound Interest Calculator
What's Compound Interest Calculator APK?
Compound Interest Calculator is a app for Android, It's developed by iostreamlab author.
First released on google play in 10 years ago and latest version released in 8 years ago.
This app has 0 download times on Google play and rated as 3.92 stars with 12 rated times.
This product is an app in Finance category. More infomartion of Compound Interest Calculator on google play
Compounding Interest Calculator
Compounding Interest Calculator Features :
Calculate Accrued Amount (Principal + Interest)
A = P(1 + r/n)nt
Calculate Principal Amount, solve for P
P = A / (1 + r/n)nt
Calculate rate of interest in decimal, solve for r
r = n[(A/P)1/nt - 1]
Calculate rate of interest in percent
R = r * 100
Calculate time, solve for t
t = ln(A/P) / n[ln(1 + r/n)] = [ ln(A) - ln(P) ] / n[ln(1 + r/n)]
Where:
A = Accrued Amount (principal + interest)
P = Principal Amount
I = Interest Amount
R = Annual Nominal Interest Rate in percent
r = Annual Nominal Interest Rate as a decimal
r = R/100
t = Time Involved in years, 0.5 years is calculated as 6 months, etc.
n = number of compounding periods per unit t; at the END of each period
Example Compounding Interest Accrued Amount (principal + interest) Calculation :
I have an investment account that increased from $300 over 60 months. If my local bank offers savings account with daily compounding (365), annual interest rate is 5%, what Accrued Amount (Principal + Interest)?
In the Compounding Interest calculator select "Accrued Amount (Principal + Interest)". The equation the calculator will use is: A = P(1 + r/n)nt
Enter:
Principal (P): $300
Compound (n): Daily (365)
Time (t): 5 years (5 years is 60 months)
Interest Rate (R): 5% per year
Your Ans is A = $ 385.20
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Compounding Interest Calculator Features :
Calculate Accrued Amount (Principal + Interest)
A = P(1 + r/n)nt
Calculate Principal Amount, solve for P
P = A / (1 + r/n)nt
Calculate rate of interest in decimal, solve for r
r = n[(A/P)1/nt - 1]
Calculate rate of interest in percent
R = r * 100
Calculate time, solve for t
t = ln(A/P) / n[ln(1 + r/n)] = [ ln(A) - ln(P) ] / n[ln(1 + r/n)]
Where:
A = Accrued Amount (principal + interest)
P = Principal Amount
I = Interest Amount
R = Annual Nominal Interest Rate in percent
r = Annual Nominal Interest Rate as a decimal
r = R/100
t = Time Involved in years, 0.5 years is calculated as 6 months, etc.
n = number of compounding periods per unit t; at the END of each period
Example Compounding Interest Accrued Amount (principal + interest) Calculation :
I have an investment account that increased from $300 over 60 months. If my local bank offers savings account with daily compounding (365), annual interest rate is 5%, what Accrued Amount (Principal + Interest)?
In the Compounding Interest calculator select "Accrued Amount (Principal + Interest)". The equation the calculator will use is: A = P(1 + r/n)nt
Enter:
Principal (P): $300
Compound (n): Daily (365)
Time (t): 5 years (5 years is 60 months)
Interest Rate (R): 5% per year
Your Ans is A = $ 385.20
_____________________________________________
Visit our official site at http://iostreamlab.com/
Follow us on Twitter at https://twitter.com/iostreamlab or
Like us on Facebook at https://www.facebook.com/iostreamlab to get more info about all our upcoming titles.
Check out our videos on http://www.youtube.com/channel/UC2eW1_Q3004nDSsfuHaiDew
PRIVACY POLICY :
http://iostreamlab.com/privacy-policy/
