Semi Annual Rate of Compound Interest Solution

STEP 0: Pre-Calculation Summary
Formula Used
Semi Annual Rate of Compound Interest = 100*((Semi Annual Compound Interest/Principal Amount of Semi Annual CI+1)^(1/(2*Time Period of Semi Annual CI))-1)
rSemi Annual = 100*((CISemi Annual/PSemi Annual+1)^(1/(2*tSemi Annual))-1)
This formula uses 4 Variables
Variables Used
Semi Annual Rate of Compound Interest - The Semi Annual Rate of Compound Interest is the percent of the interest paid over the principal amount for the due period compounded semi-annually.
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.
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.
Time Period of Semi Annual CI - (Measured in Year) - Time Period of Semi Annual CI is the number of years for which the principal amount is invested, borrowed, or lent at a fixed rate compounded semi-annually.
STEP 1: Convert Input(s) to Base Unit
Semi Annual Compound Interest: 3310 --> No Conversion Required
Principal Amount of Semi Annual CI: 10000 --> No Conversion Required
Time Period of Semi Annual CI: 1.5 Year --> 1.5 Year No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
rSemi Annual = 100*((CISemi Annual/PSemi Annual+1)^(1/(2*tSemi Annual))-1) --> 100*((3310/10000+1)^(1/(2*1.5))-1)
Evaluating ... ...
rSemi Annual = 10
STEP 3: Convert Result to Output's Unit
10 --> No Conversion Required
FINAL ANSWER
10 <-- Semi Annual Rate of Compound Interest
(Calculation completed in 00.004 seconds)

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Indian Institute of Technology, Indian School of Mines, DHANBAD (IIT ISM), Dhanbad, Jharkhand
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3 Semi Annual Rate of Compound Interest Calculators

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

Semi Annual Rate of Compound Interest Formula

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

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 Rate of Compound Interest?

Semi Annual Rate of Compound Interest calculator uses Semi Annual Rate of Compound Interest = 100*((Semi Annual Compound Interest/Principal Amount of Semi Annual CI+1)^(1/(2*Time Period of Semi Annual CI))-1) to calculate the Semi Annual Rate of Compound Interest, The Semi Annual Rate of Compound Interest formula is defined as the percent of the interest paid over the principal amount for the due period compounded semi-annually. Semi Annual Rate of Compound Interest is denoted by rSemi Annual symbol.

How to calculate Semi Annual Rate of Compound Interest using this online calculator? To use this online calculator for Semi Annual Rate of Compound Interest, enter Semi Annual Compound Interest (CISemi Annual), Principal Amount of Semi Annual CI (PSemi Annual) & Time Period of Semi Annual CI (tSemi Annual) and hit the calculate button. Here is how the Semi Annual Rate of Compound Interest calculation can be explained with given input values -> 10 = 100*((3310/10000+1)^(1/(2*47335428))-1).

FAQ

What is Semi Annual Rate of Compound Interest?
The Semi Annual Rate of Compound Interest formula is defined as the percent of the interest paid over the principal amount for the due period compounded semi-annually and is represented as rSemi Annual = 100*((CISemi Annual/PSemi Annual+1)^(1/(2*tSemi Annual))-1) or Semi Annual Rate of Compound Interest = 100*((Semi Annual Compound Interest/Principal Amount of Semi Annual CI+1)^(1/(2*Time Period of Semi Annual CI))-1). 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, 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 & Time Period of Semi Annual CI is the number of years for which the principal amount is invested, borrowed, or lent at a fixed rate compounded semi-annually.
How to calculate Semi Annual Rate of Compound Interest?
The Semi Annual Rate of Compound Interest formula is defined as the percent of the interest paid over the principal amount for the due period compounded semi-annually is calculated using Semi Annual Rate of Compound Interest = 100*((Semi Annual Compound Interest/Principal Amount of Semi Annual CI+1)^(1/(2*Time Period of Semi Annual CI))-1). To calculate Semi Annual Rate of Compound Interest, you need Semi Annual Compound Interest (CISemi Annual), Principal Amount of Semi Annual CI (PSemi Annual) & Time Period of Semi Annual CI (tSemi Annual). With our tool, you need to enter the respective value for Semi Annual Compound Interest, Principal Amount of Semi Annual CI & Time Period 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 Rate of Compound Interest?
In this formula, Semi Annual Rate of Compound Interest uses Semi Annual Compound Interest, Principal Amount of Semi Annual CI & Time Period of Semi Annual CI. We can use 2 other way(s) to calculate the same, which is/are as follows -
  • Semi Annual Rate of Compound Interest = 100*((Final Amount of Semi Annual CI/Principal Amount of Semi Annual CI)^(1/(2*Time Period of Semi Annual CI))-1)
  • Semi Annual Rate of Compound Interest = Annual Rate of Compound Interest/2
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