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how to work out compound interest depreciation. Calculate Accrued Amount Principal Interest A P 1 rnnt. Depreciation Period You are welcome to use the coding for this calculator on your website in its entirety or to strip it down to suit your own formats.
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Amount after n years starting amount x multipliern Youre asked to calculate the amount after 3 years with 4500 and a 4 compound interest rate. I dont want the answer i would like a formula please. The calculator uses the following formulae.
PV FV1r n.
N Number of Periods. A -P. In the straight-line method the value of the asset is reduced by a constant amount each year which is calculated on the principal amount. N Number of Periods.
