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Compound Interest Calculation (Principal)

TOP/Finance/Interest Calculation
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Calculates the principal using compound interest.
Annual Interest Rate
%
Total Principal and Interest
(FV)
Number of Years Elapsed
(n)
Compounding Period
Principal (PV)
Compound Interest Formula
r: Nominal interest rate, R: Effective interest rate, k: Number of interest accrual periods per year
\(\normalsize (1)\ PV={\large\frac{FV}{(1+{\large\frac{r}{k}})^{nk}}}\\ (2)\ PV={\large\frac{FV}{(1+R)^{\normalsize{n}}}}\\ \)


Calculation details and rounding rules may vary by financial institution.
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