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

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

Effective time = Interest/Number of Compounding Periods
Decimal Rate = (1 + effective time)n - 1
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

## Balance with Interest Calculator Video

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