Mastering Compound Interest: Formulas, Calculations, and Strategies

You can calculate compound interest with this Formula: (A = P ^ nt) But manual calculation could go wrong and it takes more time Thus, you can use

The Four Formulas · FV = Future Value, · PV = Present Value, · r = Interest Rate , and · n = Number of Periods

ดาวน์โหลดpinterest With compound interest the amount you are calculating interest on, changes every year The interest is calculated for the first year and is then added on to the

conflict of interest What is Compound Interest? · I = Interest amount This is the extra amount that is added to the original · P = Principal amount This is the original amount