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how to calculate compound interest rate. 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. A the future value of the investmentloan including interest P the principal investment amount the initial deposit or loan amount r the annual interest rate decimal n the number of times that interest is compounded per unit t t the time the money is invested or borrowed for.
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Interest rate variance rangeRange of. Formula to calculate compound interest. If in the above scenario the compounding period is every year then the compound interest will be Compound Interest P 1 rn nt P.
For daily compounding most organizations use 360 or 365.
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. Formula to calculate compound interest. Principal x Rate x Time Interest p x r x t. Compound Interest Calculator Step 1.
