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Compound Interest Formula
PV = present value FV = future value (maturity value) i = interest rate in percent per period N = number of periods
* Please note the interest is compounded monthly in the calculator.
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Simple Interest Amortized Loan Formula PV * ( 1 + i )N = PMT * [ ( 1 + i )N - 1 ] / i PMT = the payment per period |
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Other formulas:
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