How does the Compound Interest and Annuity Table Calculator work?
Given an interest rate (i), number of periods to display (n), and number of digits to round (r), this calculator produces a compound interest table. It shows the values for the following 4 compound interest annuity functions from time 1 to (n) rounded to (r) digits: vn d (1 + i)n an| sn|
än|i sn|i Force of Interest δn This calculator has 3 inputs.
What 3 formulas are used for the Compound Interest and Annuity Table Calculator?
What 5 concepts are covered in the Compound Interest and Annuity Table Calculator?
A stream of payments
the interest you earn on principal and interest A = (1 + r/n)nt
force of interest
a nominal interest rate or a discount rate compounded infinite number of times (or continuously) per time period.
payment 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 rate
the value in the present of a sum of money, in contrast to some future value it will have when it has been invested at compound interest. PV = FV/(1 + i)n where I is the interest rate per period, PV = Present Value, and FV = Future Value
Example calculations for the Compound Interest and Annuity Table Calculator