Interest Calculator

Solve various problems related to money, finance, mortgage, loan, checking, credit card and savings accounts.
Simple Interest
Simple Interest

Problem:

Solve for future value.


Inputs:

present value (P) dollars
interest rate (i)
years (n) time

Solution:

future value(A) = 112 dollars

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Compound Interest
Future dollar amount after a period of timeFuture dollar amount after a period of time
Where
A=future value
P=present value
i=interest rate
n=years
q=number of compounds per year

Simple Interest
Future dollar amount after a period of timeFuture dollar amount after a period of time
Where
A=future value
P=present value
i=interest rate
n=years

Annual Percentage Rate
simple interest equal to the compounded interest during the yearsimple interest equal to the compounded interest during the year
Where
r=annual percentage rate
i=interest rate
q=number of time compounded per year

Regular Deposits
simple interest equal to the compounded interest during the yearsimple interest equal to the compounded interest during the year
Where
P=principal after n years
M=deposit amount per period
i=interest rate
q=number of periods in a year
n=number of years

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