A percentage the interest of the principal is added to the principal making your initial investment grow. This golang program allows the user to enter the principal amount totals years and interest rates and then find the Compound Interest. Compound Interest Calculator - calculate compound interest step by step.
In the formula A represents the final amount in the account after t years compounded n times at interest rate r with starting amount p.
Money handed over to a fraudster wont grow and wont likely be recouped. Compound Interest Calculator Savings Account Interest Calculator Consistent investing over a long period of time can be an effective strategy to accumulate wealth. Calculator Use Calculate compound interest on an investment or savings. Compound interest is the concept of adding accumulated interest back to the principal sum so that interest is earned on top of interest from that moment on.