compound interest formula
Compound Interest
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
เว็บไซต์ compound interest 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 nu formula With semiannual compounding the interest on the investment will be calculated twice during the year Fig 1 Using the simple interest formula I = Prt, at the
compound interest formula how compounding increases your savings interest; the difference between saving now and saving later; how to calculate compound interest Compound interest The formula for simple interest is, =100, where is the principal amount, r is the interest rate, and t is the time period Compound interest is calculated by multiplying the initial principal amount by one plus the annual interest rate multiplied by the number of compound periods