Or you could just do the same thing in a spreadsheet without having to pay commercial rates for the program to be written for you
Depends on how you invested it and what rate of return that investment delivered.
A simple formula can be used to calculate the amount the dollar invested is worth over a monthly period. Use PV*(1+R)/N where PV is your present investment, R is your interest rate and N is the number of investment periods.
A compound interest calculator is used for determining how much your invested money can make you in it's lifetime of being invested. This is useful in telling you how much a certain amount of money will make you when it matures.
If the rate of annual interest is r% the period is n years and the amount invested is y Then the compound interest is y*(1+r/100)^n - y
A=Pe^rt A=Total Invested P=Principal r=Rate t=time
10001/999900
Depends on how you invested it and what rate of return that investment delivered.
A simple formula can be used to calculate the amount the dollar invested is worth over a monthly period. Use PV*(1+R)/N where PV is your present investment, R is your interest rate and N is the number of investment periods.
20, assuming annual compound interest, 24 if simple interest.
A compound interest calculator is used for determining how much your invested money can make you in it's lifetime of being invested. This is useful in telling you how much a certain amount of money will make you when it matures.
A $5000 investment at an annual simple interest rate of 4.4% earned as much interest after one year as another investment in an account that earned 5.5% annual simple interest. How much was invested at 5.5%?
SupposeCapital invested = YAnnual Interest Rate = R%Period of investment = TThen if the interest is calculated (and compounded) n times a yeartotal value =Y*[1 + r/(100*n)]^(n*T)So interest accrued = Total value - YSupposeCapital invested = YAnnual Interest Rate = R%Period of investment = TThen if the interest is calculated (and compounded) n times a yeartotal value =Y*[1 + r/(100*n)]^(n*T)So interest accrued = Total value - YSupposeCapital invested = YAnnual Interest Rate = R%Period of investment = TThen if the interest is calculated (and compounded) n times a yeartotal value =Y*[1 + r/(100*n)]^(n*T)So interest accrued = Total value - YSupposeCapital invested = YAnnual Interest Rate = R%Period of investment = TThen if the interest is calculated (and compounded) n times a yeartotal value =Y*[1 + r/(100*n)]^(n*T)So interest accrued = Total value - Y
If the rate of annual interest is r% the period is n years and the amount invested is y Then the compound interest is y*(1+r/100)^n - y
Investment decisions are made by investors and stockholders about how and where money will be invested. Most of the time investments are made in the interest of companies and retirement plans.
A compound interest calculator is used for determining how much your invested money can make you in it's lifetime of being invested. This is useful in telling you how much a certain amount of money will make you when it matures.
Inserting values into the formula for compound interest, you get:4100 * (1 + 3.75/100) to the power 6.
Compound Interest = P(1+r/100n)(nt) P = Original Investment r = Interest Rate n = How often the interest is compounded per year t = Number of years Interest = 200(1+6/100)6 = 200(1.06)6 =$283.70