How does the Compound Interest and Annuity Table Calculator work?
Free Compound Interest and Annuity Table Calculator - 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