Simple and Compound and Continuous Interest Calculator ·

07 Jun 2024, 00:00

Simple and Compound and Continuous Interest Calculator Image to Crop

Enter 3 out of 4 below

Given a principal of 230,
an interest rate of 6.8%,
and time of 20

Calculate the Accumulated Value using Continuous Interest

The formula for Accumulated Value using Continuous Interest is:

Accumulated Value = Pert where e = 2.718281828459

Plugging in our values that we entered, we get:

Accumulated Value = 230(2.718281828459)(0.068)(20)

Accumulated Value = 230(2.718281828459)1.36

Accumulated Value = 230 x 3.8961933017952

Calculate the total interest earned:

Total Interest Earned = Accumulated Value - Principal

Total Interest Earned = 896.12 - 230

Total Interest Earned = 666.12

Calculate the interest earned:

Interest per Period =	Interest Earned
	t

Interest per Period =	666.12
	20

Interest per period = 33.306

Final Answer

Accumulated Value using Continuous Interest = 896.12

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What is the Answer?

Accumulated Value using Continuous Interest = 896.12

How does the Simple and Compound and Continuous Interest Calculator work?

Free Simple and Compound and Continuous Interest Calculator - Calculates any of the four parameters of the simple interest formula or compound interest formula or continuous compound formula
1) Principal
2) Accumulated Value (Future Value)
3) Interest
4) Time.
This calculator has 4 inputs.

What 3 formulas are used for the Simple and Compound and Continuous Interest Calculator?

Accumulated Value = Principal * (1 + (interest rate * time))
Accumulated Value = Principal x (1 + interest rate)time
Accumulated Value = Pert

For more math formulas, check out our Formula Dossier

What 5 concepts are covered in the Simple and Compound and Continuous Interest Calculator?

accumulated valueThe total value of an investment, including principal and interest accruedfuture valuethe value of a current asset at a future date based on an assumed rate of growthinterestpayment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rateprincipalThe amount borrowed on a loan, before interest is chargedsimple and compound and continuous interest

Simple and Compound and Continuous Interest Calculator

Given a principal of 230,an interest rate of 6.8%, and time of 20 Calculate the Accumulated Value using Continuous Interest Accumulated Value = Pert where e = 2.718281828459 Accumulated Value = 230(2.718281828459)(0.068)(20)