Compound interest

Compound Interest Calculator compound interest formula With semiannual compounding the interest on the investment will be calculated twice during the year Fig 1 Using the simple interest formula I = Prt, at the formula1688 Compound Interest · Calculate the Interest · Add the Interest to the Loan at Start to get the Loan at End of the year · The

formula 1688 Compound interest is when interest is calculated not only on the initial principal but also on the accumulated interest from previous periods