What Is Compound Interest? How To Calculate Interest

For example, if you invest Rs 50,000 with an annual interest rate of 10% for 5 years, the returns for the first year will be 50,000 x 10100 or Rs 5,000 For

Determine how much your money can grow using the power of compound interest * DENOTES A REQUIRED FIELD Calculator Step 1: Initial Investment

nu formula Click the tabs to calculate the different parameters of the simple interest formula In real life, most interest calculations involve compound Interest To

distance formula The simple interest formula is linear: I = P r n I=Prn I=Prn while the compound interest formula is non-linear: A = P n A=P^{n} A=Pn in