How to Calculate Compound Interest?
Compound Interest calculator uses Future Value of Investment=Principal Investment Amount*(1+(Annual Interest Rate/Number of Periods))^(Number of Periods*Number of Years the Money is Invested) to calculate the Future Value of Investment, Future Value of Investment is the value of a current asset at a specified date in the future based on an assumed rate of growth over time. Future Value of Investment and is denoted by FV symbol.
How to calculate Compound Interest using this online calculator? To use this online calculator for Compound Interest, enter Number of Periods (n), Principal Investment Amount (A), Annual Interest Rate (i) and Number of Years the Money is Invested (T) and hit the calculate button. Here is how the Compound Interest calculation can be explained with given input values -> 2.059E+20 = 1000000*(1+(8/1))^(1*15).