Account Holder Amount Deposited Annual Interest Rate Compounding Periods Per Year M Compounding Periods Years Theodore Logan III 1100 18 6 6 Vernell Coles 95000 12 4. To calculate a future value with non-annual compounding. I Interest Amount.
F V P 1 i c n c R 1 i c n c 1 i c displaystyle FVP1frac icncfrac R1frac icnc-1frac ic 8 X Research source The variables within the equation are also the same as the previous equation with one addition.
In the example shown 1000 is invested with an annual interest rate of 5 the formulas in column D calculate the future value of the 1000 assuming the compounding periods shown in column C. To calculate a future value with non-annual compounding. Calculate Accrued Amount Principal Interest A P 1 rnnt. T Number of Periods.