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Compound Interest Future Value

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Last modified by
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Jan 4, 2024, 4:59:22 PM
Created by
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Nov 13, 2013, 10:22:56 PM
Value=P(1+(rq))nq
(i)Interest Rate
(P)Principal
(n)Number of Periods
(q)# Times Compounded per Period
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This equation calculates the value, the amount of interest generated, from applying compound interest given:

  • the present value (P)
  • the interest rate (i)
  • the compounding period per year (q) and
  • the number of years (n)


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This equation, Compound Interest Future Value, is used in 2 pages
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