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 Compound Interest Calculator Principal (present value) Interest (Annual) Number of months years Future Value (maturity)

Compound Interest Formula

FV = PV * ( 1 + i )N

PV = present value
FV = future value (maturity value)
i = interest rate in percent per period
N = number of periods
* Please note the interest is compounded monthly in the calculator.
 Loan / Mortgage Calculator Loan Amount Interest (Annual) Number of months years Monthly Payments Total of Payments Total Interest Paid

Simple Interest Amortized Loan Formula

PV * ( 1 + i )N = PMT * [ ( 1 + i )N - 1 ] / i

PMT = the payment per period
i = interest rate in percent per period
PV = loan / mortgage amount
N = number of periods

Other formulas:

 Simple Interest I = PV * i * N PV - principal or present value i - interest rate per period N - number of periods Annuity FV = PMT * [ ( ( 1 + i )N - 1 ) / i ] FV = future value (maturity value) PMT = payment per period i = interest rate in percent per period N = number of periods Compounded Interest i = FV - PV PV = present value FV = future value (maturity value) i = interest rate in percent per period

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