Compound Interest Formula For N Years. Here is the formula for finding the compound interest. P principal amount initial investment r annual interest rate.
N number of periods. Using the same information above enter principal. N number of times the interest is compounded per year.
P principal amount initial investment r annual interest rate.
More about what compound interest is compound interest is the interest you earn each year that is added to your principal so that the balance doesn t merely grow it grows at an increasing rate. More about what compound interest is compound interest is the interest you earn each year that is added to your principal so that the balance doesn t merely grow it grows at an increasing rate. The basic formula for compound interest is. T number of years the money is borrowed for.
