Interest Calculator

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

Problem:

Solve for principal amount.

Regular Deposits

Inputs:

Deposit Amount (M)
unitless
Annual Interest Rate (i)
unitless
Equal Time Periods (q)
unitless
Years (n)
unitless

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Solution:

Principal Amount (P) = HAS NOT BEEN CALCULATED

Change Equation or Formulas:

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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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