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Compound Interest is the extra amount gained/paid on the principal amount for the time period at a fixed rate compounded n-times a year. Check FAQs
CI=A-P
CI - Compound Interest?A - Final Amount of CI?P - Principal Amount of Compound Interest?

Compound Interest given Final Amount Example

With values
With units
Only example

Here is how the Compound Interest given Final Amount equation looks like with Values.

Here is how the Compound Interest given Final Amount equation looks like with Units.

Here is how the Compound Interest given Final Amount equation looks like.

161Edit=1161Edit-1000Edit
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Compound Interest given Final Amount Solution

Follow our step by step solution on how to calculate Compound Interest given Final Amount?

FIRST Step Consider the formula
CI=A-P
Next Step Substitute values of Variables
CI=1161-1000
Next Step Prepare to Evaluate
CI=1161-1000
LAST Step Evaluate
CI=161

Compound Interest given Final Amount Formula Elements

Variables
Compound Interest
Compound Interest is the extra amount gained/paid on the principal amount for the time period at a fixed rate compounded n-times a year.
Symbol: CI
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Final Amount of CI
Final Amount of CI is the total amount received/paid back, including the amount invested/borrowed initially, and interest on it for given time period at fixed rate compounded n-times a year.
Symbol: A
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Principal Amount of Compound Interest
Principal Amount of Compound Interest is the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time compounded n-times a year.
Symbol: P
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.

Other Formulas to find Compound Interest

​Go Compound Interest Formula
CI=P((1+rn100)nt-1)

How to Evaluate Compound Interest given Final Amount?

Compound Interest given Final Amount evaluator uses Compound Interest = Final Amount of CI-Principal Amount of Compound Interest to evaluate the Compound Interest, The Compound Interest given Final Amount formula is defined as the extra amount gained/paid on the principal amount for the time period at a fixed rate compounded n-times a year, and is calculated using the final amount of Compound Interest. Compound Interest is denoted by CI symbol.

How to evaluate Compound Interest given Final Amount using this online evaluator? To use this online evaluator for Compound Interest given Final Amount, enter Final Amount of CI (A) & Principal Amount of Compound Interest (P) and hit the calculate button.

FAQs on Compound Interest given Final Amount

What is the formula to find Compound Interest given Final Amount?
The formula of Compound Interest given Final Amount is expressed as Compound Interest = Final Amount of CI-Principal Amount of Compound Interest. Here is an example- 161 = 1161-1000.
How to calculate Compound Interest given Final Amount?
With Final Amount of CI (A) & Principal Amount of Compound Interest (P) we can find Compound Interest given Final Amount using the formula - Compound Interest = Final Amount of CI-Principal Amount of Compound Interest.
What are the other ways to Calculate Compound Interest?
Here are the different ways to Calculate Compound Interest-
  • Compound Interest=Principal Amount of Compound Interest*((1+Rate of Compound Interest/(No. of Times Interest Compounded Per Year*100))^(No. of Times Interest Compounded Per Year*Time Period of Compound Interest)-1)OpenImg
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