Semi Annual Compound Interest given Final Amount Calculator

✖Final Amount of Semi Annual CI is the total amount received/paid back, including the amount invested/ borrowed initially, and interest on it for given time at fixed rate compounded semi-annually.ⓘ Final Amount of Semi Annual CI [A_{Semi Annual}]			+10% -10%
✖Principal Amount of Semi Annual CI is the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time compounded semi-annually.ⓘ Principal Amount of Semi Annual CI [P_{Semi Annual}]			+10% -10%

✖Semi Annual Compound Interest is the extra amount gained/paid on the principal amount for the time period at a fixed rate compounded semi-annually.ⓘ Semi Annual Compound Interest given Final Amount [CI_{Semi Annual}]

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Semi Annual Compound Interest given Final Amount

Formula

`"CI"_{"Semi Annual"} = "A"_{"Semi Annual"}-"P"_{"Semi Annual"}`

Example

`"3310"="13310"-"10000"`

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Semi Annual Compound Interest given Final Amount Solution

STEP 0: Pre-Calculation Summary

Formula Used

Semi Annual Compound Interest = Final Amount of Semi Annual CI-Principal Amount of Semi Annual CI
CI_{Semi Annual} = A_{Semi Annual}-P_{Semi Annual}
This formula uses 3 Variables

Variables Used

Semi Annual Compound Interest - Semi Annual Compound Interest is the extra amount gained/paid on the principal amount for the time period at a fixed rate compounded semi-annually.
Final Amount of Semi Annual CI - Final Amount of Semi Annual CI is the total amount received/paid back, including the amount invested/ borrowed initially, and interest on it for given time at fixed rate compounded semi-annually.
Principal Amount of Semi Annual CI - Principal Amount of Semi Annual CI is the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time compounded semi-annually.

STEP 1: Convert Input(s) to Base Unit

Final Amount of Semi Annual CI: 13310 --> No Conversion Required
Principal Amount of Semi Annual CI: 10000 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

CI_{Semi Annual} = A_{Semi Annual}-P_{Semi Annual} --> 13310-10000

Evaluating ... ...

CI_{Semi Annual} = 3310

STEP 3: Convert Result to Output's Unit

3310 --> No Conversion Required

FINAL ANSWER

3310 <-- Semi Annual Compound Interest

(Calculation completed in 00.004 seconds)

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Created by Dhruv Walia

Indian Institute of Technology, Indian School of Mines, DHANBAD (IIT ISM), Dhanbad, Jharkhand

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< 3 Semi Annual Compound Interest Calculators

Semi Annual Compound Interest given Semi Annual Rate

Go Semi Annual Compound Interest = Principal Amount of Semi Annual CI*((1+Semi Annual Rate of Compound Interest/100)^(2*Time Period of Semi Annual CI)-1)

Semi Annual Compound Interest

Go Semi Annual Compound Interest = Principal Amount of Semi Annual CI*((1+Annual Rate of Compound Interest/(2*100))^(2*Time Period of Semi Annual CI)-1)

Semi Annual Compound Interest given Final Amount

Go Semi Annual Compound Interest = Final Amount of Semi Annual CI-Principal Amount of Semi Annual CI

Semi Annual Compound Interest given Final Amount Formula

Semi Annual Compound Interest = Final Amount of Semi Annual CI-Principal Amount of Semi Annual CI
CI_{Semi Annual} = A_{Semi Annual}-P_{Semi Annual}

What is Compound Interest?

Compound Interest is the interest calculated on the principal and the interest accumulated over the previous period. The Compound Interest for an amount depends on both principal and interest gained over periods. Compound Interest varies with each year for the same principal amount. It is different from simple interest, where interest is not added to the principal while calculating the interest during the next period.

How to Calculate Semi Annual Compound Interest given Final Amount?

Semi Annual Compound Interest given Final Amount calculator uses Semi Annual Compound Interest = Final Amount of Semi Annual CI-Principal Amount of Semi Annual CI to calculate the Semi Annual Compound Interest, The Semi Annual Compound Interest given Final Amount formula is defined as the extra amount gained/paid on the principal amount for the time period at a fixed rate compounded semi-annually, and is calculated using the final amount of Compound Interest. Semi Annual Compound Interest is denoted by CI_{Semi Annual} symbol.

How to calculate Semi Annual Compound Interest given Final Amount using this online calculator? To use this online calculator for Semi Annual Compound Interest given Final Amount, enter Final Amount of Semi Annual CI (A_{Semi Annual}) & Principal Amount of Semi Annual CI (P_{Semi Annual}) and hit the calculate button. Here is how the Semi Annual Compound Interest given Final Amount calculation can be explained with given input values -> 3310 = 13310-10000.

FAQ

What is Semi Annual Compound Interest given Final Amount?

The Semi Annual Compound Interest given Final Amount formula is defined as the extra amount gained/paid on the principal amount for the time period at a fixed rate compounded semi-annually, and is calculated using the final amount of Compound Interest and is represented as CI_{Semi Annual} = A_{Semi Annual}-P_{Semi Annual} or Semi Annual Compound Interest = Final Amount of Semi Annual CI-Principal Amount of Semi Annual CI. Final Amount of Semi Annual CI is the total amount received/paid back, including the amount invested/ borrowed initially, and interest on it for given time at fixed rate compounded semi-annually & Principal Amount of Semi Annual CI is the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time compounded semi-annually.

How to calculate Semi Annual Compound Interest given Final Amount?

The Semi Annual Compound Interest given Final Amount formula is defined as the extra amount gained/paid on the principal amount for the time period at a fixed rate compounded semi-annually, and is calculated using the final amount of Compound Interest is calculated using Semi Annual Compound Interest = Final Amount of Semi Annual CI-Principal Amount of Semi Annual CI. To calculate Semi Annual Compound Interest given Final Amount, you need Final Amount of Semi Annual CI (A_{Semi Annual}) & Principal Amount of Semi Annual CI (P_{Semi Annual}). With our tool, you need to enter the respective value for Final Amount of Semi Annual CI & Principal Amount of Semi Annual CI and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

How many ways are there to calculate Semi Annual Compound Interest?

In this formula, Semi Annual Compound Interest uses Final Amount of Semi Annual CI & Principal Amount of Semi Annual CI. We can use 2 other way(s) to calculate the same, which is/are as follows -

Semi Annual Compound Interest = Principal Amount of Semi Annual CI*((1+Semi Annual Rate of Compound Interest/100)^(2*Time Period of Semi Annual CI)-1)
Semi Annual Compound Interest = Principal Amount of Semi Annual CI*((1+Annual Rate of Compound Interest/(2*100))^(2*Time Period of Semi Annual CI)-1)

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