Compound interest. Arbitrary payment

Usually, when talking about deposits and compound interest (when the interest accrued not on the initial but on the accreted amount), monthly, quarterly or semi-annual interest calculations are used.
Sometimes the questions appear - what if the rate is indicated for a month and the interest is accrued daily? In a mathematical sense, it's the same thing, but there is no calculator on our website that would allow to set, for example, 30 percent accruals for one month at a monthly rate of 16%. The calculator below now allows you to do this.

This calculator just shows the calculation by compound interest formula

where you can set all the parameters

Compound interest. Arbitrary payment

Amount

Initial amount

Rate, %

Nominal interest rate

Accruals

The number accruals in the period for which the nominal interest rate is specified

Periods

The number of periods for table calculation

Calculation precision

Digits after the decimal point: 2

Calculate

save Save extension Widget