Example:
Start_Capital = 10000
Interest_Rate = 5 && Percent per year or other period
Periods = 10 && Years or other periods
End_Capital = Start_Capital * (1 + Interest_Rate/100)^Periods
To calculate an interest (as money), multiply the capital, times the interest rate (divided by 100, if it is expressed in percent), times the number of periods. The above assumes simple interest; compound interest is a bit more complicated.
There is simple interest and there is compound interest but this question is the first that I have heard of a simple compound interest.
There is no carrot in the compound interest formula!
It depends on which compound interest formula you mean. Refer to the Wikipedia Article on "Compound Interest" for the correct terminology.
Compound interest
Normal interest is not calculated over a period of time. It is just the formula to calculate the interests gained. Compound interest is calculated over more time periods such as years.
To calculate an interest (as money), multiply the capital, times the interest rate (divided by 100, if it is expressed in percent), times the number of periods. The above assumes simple interest; compound interest is a bit more complicated.
how to learn foxpro
5,132.33^10
compound... yes it is compound interest.
There is simple interest and there is compound interest but this question is the first that I have heard of a simple compound interest.
With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.
Parts of Visual FoxPro
its compound interest
A= Principle amount(1+ (rate/# of compounded periods))(#of compounding periods x # of years)
Visual FoxPro was created in 1984.
Sorting in FoxPro changes the physical record position in the table. Records can also be rearranged in FoxPro by indexing.