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
Example calculations for the Balance with Interest Calculator