How to Calculate Compound 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. P the principal investment amount.
Whats the difference between simple and compound interest anyway.
Interest computed on the sum of an original principal and accrued interest. A the future value of the investment. Initial investment 1 annual interest ratecompounding periods per year years compounding periods per year. How to Calculate Compound Interest.