 # Balance with Interest Calculator

<-- Start Bal.
<-- Int Rate %
<-- Start Date
<-- End Date

### How does the Balance with Interest Calculator work?

Calculates the final account balance given a beginning balance, interest rate, and interest crediting period.
This calculator has 4 inputs.

### What 3 formulas are used for the Balance with Interest Calculator?

1. Effective time = Interest/Number of Compounding Periods
2. Decimal Rate = (1 + effective time)n - 1
3. Percentage Rate = 100% * Decimal Rate

For more math formulas, check out our Formula Dossier

### What 4 concepts are covered in the Balance with Interest Calculator?

balance with interest
The value of a fund when a balance is credited with interest for a specific period of time at a certain interest rate
compound interest
the interest you earn on principal and interest
A = (1 + r/n)nt
interest
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
principal
The amount borrowed on a loan, before interest is charged