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how to calculate compound interest backwards. Compound interest or interest on interest is calculated with the compound interest formula. The caret symbol represents an exponential equation which means a number is raised to the power of another.
Java Program To Calculate Compound Interest from beginnersbook.com
The formula used in the compound interest calculator is A P 1rnnt A the future value of the investment P the principal investment amount r the interest rate decimal. B6 B81001001B10 FV - Unknown SV - 15500 CAGR - 925 n - 4 years. Lets calculate a Reverse CAGR.
The formula is as follows.
The formula is as follows. This is the basic formula for Compound Interest. We could do the. Reverse Compound Annual Growth Rate CAGR Example.
