Future value: A

Initial deposit: C

Annual rate of interest: r

Number of years invested: t

Number of times compounded per year: n

**General Compound Interest Formula**

$A=C(1+r/n)^{nt}$**Simplified Compound Interest Formula**

If interest is compounded once per year, then the previous formula simplifies to:

$A=C(1+r)^t$**Continuous Compound Interest**

If interest is compounded continually (nāā), then

$A=Ce^{rt}$

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