Step 1 Divide I over N IN step 2 Add 1 1 IN step 3 Multiply by P P 1 IN save this number step 4 multiply N by T NxT step 5 raise the answer from 3 to the power of the answer to 4 ans3ans4 example. Use the Compound Interest Calculator to learn more about or do calculations involving compound interest. To calculate continuous interest use the formula where FV is the future value of the investment PV is the present value e is Eulers number the constant 271828 i is the interest rate and t is the time in years.
How to calculate compound interest A the future value of the investment P the principal investment amount r the interest rate decimal n the number of times that interest is compounded per period t the number of periods the money is invested for.
This formula looks more. N Number of Periods. Access the online calculator. With a compound interest loan interest is added to the principal on top of any interest thats already accumulated.