Simple and Compound and Continuous Interest Calculator ·

28 Jun 2024, 00:00

Simple and Compound and Continuous Interest Calculator Image to Crop

Enter 3 out of 4 below

Given an initial balance of 50000,
an interest rate of 4%,
and time of 49

Calculate the Accumulated Balance using Compound Interest:

Accumulated Balance Formula

Accumulated Value = Principal x (1 + i)time

Plug in our values

Accumulated Value = 50000 x (1 + 0.04)49

Accumulated Value = 50000 x (1.04)49

Accumulated Value = 50000 x 6.8333493714215

Calculate the total interest earned:

Total Interest Earned = Accumulated Value - Principal

Total Interest Earned = 341667.47 - 50000

Total Interest Earned = 291667.47

Calculate the interest earned:

Interest per Period =	Interest Earned
	t

Interest per Period =	291667.47
	49

Interest per period = 5952.3973469388

Final Answer

Accumulated Value using Compound Interest = 341667.47

You have 1 free calculations remaining

What is the Answer?

Accumulated Value using Compound Interest = 341667.47

How does the Simple and Compound and Continuous Interest Calculator work?

Free Simple and Compound and Continuous Interest Calculator - Calculates any of the four parameters of the simple interest formula or compound interest formula or continuous compound formula
1) Principal
2) Accumulated Value (Future Value)
3) Interest
4) Time.
This calculator has 4 inputs.

What 3 formulas are used for the Simple and Compound and Continuous Interest Calculator?

Accumulated Value = Principal * (1 + (interest rate * time))
Accumulated Value = Principal x (1 + interest rate)time
Accumulated Value = Pert

For more math formulas, check out our Formula Dossier

What 5 concepts are covered in the Simple and Compound and Continuous Interest Calculator?

accumulated valueThe total value of an investment, including principal and interest accruedfuture valuethe value of a current asset at a future date based on an assumed rate of growthinterestpayment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rateprincipalThe amount borrowed on a loan, before interest is chargedsimple and compound and continuous interest

Simple and Compound and Continuous Interest Calculator

Given an initial balance of 50000,an interest rate of 4%,and time of 49 Calculate the Accumulated Balance using Compound Interest: Accumulated Value = Principal x (1 + i)time Accumulated Value = 50000 x (1 + 0.04)49