Compound Interest Calculator
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Compound Interest is interest that you earn on interest. Meaning that the amount of interest added onto the initial value increases over time.
The formula for Compound Interest is P(1+r/n)^nt.
P = Initial principal amount
r = Interest rate
n = Number of times interest applied per time period
t = Time periods
Compound Interest Calculator
Compound Interest Calculator
Initial principal value = {formtext: name=P; cols=5; default=10000}
Interest rate = {formtext: name=r; default=0.2; cols=5}
Number of times interest applied per time period = {formtext: name=n; default=1; cols=5}
Number of time periods elapsed = {formtext: name=t; default=10; cols=5}
{if: isnumber(P) and isnumber(r) and isnumber(n) and isnumber(t)}
Final amount = {=P * (1 + r/n)^(n * t); format=$,.2f}
{else}
{error: please enter valid charaters in the text fields above.}
{endif}
{image: https://quickchart.io/chart/chart?&bkg=transparent&c={ type: 'bar', data: { labels: {=seq({time:YYYY} + 1, {time:YYYY} + t)}, datasets: [ { label: 'Dataset 1', data: [{=join([P * (1 + r/n)^(n*x) for x in {=seq(1, t)}], ",")}, 0], } ], }, options: { legend: { display: false, }, scales: { xAxes: [{ display: true, gridLines: {display: false,}}], }, }, }}
{image: https://quickchart.io/chart/chart?&bkg=transparent&c={ type: 'bar', data: { labels: {=seq({time:YYYY} + 1, {time:YYYY} + t)}, datasets: [ { label: 'Dataset 1', data: [{=join([P * (1 + r/n)^(n*x) for x in {=seq(1, t)}], ",")}, 0], } ], }, options: { legend: { display: false, }, scales: { xAxes: [{ display: true, gridLines: {display: false,}}], }, }, }}
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