EARNED INTEREST TABLE FOR SINGLE INVESTMENT
EARNED INTEREST TABLE FOR SINGLE INVESTMENT
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Category: Personal finance
EARNED INTEREST TABLE FOR SINGLE INVESTMENT
EARNED INTEREST TABLE FOR SINGLE INVESTMENT
EARNED INTEREST TABLE FOR SINGLE INVESTMENT

Description

This program calculates and shows an earned interest table for investments. The schedule contains the following outputs:

  1. Periodic balance
  2. Interest accumulated between two periods
  3. Total interest accumulated
  4. Effective interest rate
    These outputs are calculated for a single investment. For that we must provide the amount of the initial investment, the nominal interest rate, and the number of compounding periods per year. The new balance will be printed a maximum of four times per year. If interest is compounded less than four times per year, the new balance will be posted with each interest computation.
Product ID: 9P900QCW0ZQ5
Release date: 2022-01-14
Last update: 2022-03-11