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Mathematical calculators Physical calculators Economic calculators Other calculators

 

Compound interest

 

 

Compound Interest

P = Principal

i = nominal annual interest rate

n = number of compounding periods

WHAT IS IT ?

Compound interest (or compounding interest) is interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.

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CALCULATION:

Enter currency e.g. USD

Enter Principal

Enter annual interest rate in %

Enter number of compounding periods

EXAMPLE:

V účet v banke vložíte 10.000 Eur a to na 5 rokov pri úrokovej miere 4%, pričom sa Vám úroky pripočítajú na konci roka.

Potom

         
    5    
BH= 10.000(1+0,04)   = 12167

Našporená suma po 5 rokoch pri použití zloženého úročenia je 12.167 Eur

 

 



 

 



 

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