Compound Interest Formulas

1. Let Principal = P, Rate = R% per annum, Time = n years.

2. When interest is compound Annually:
Amount = P 77

3. When interest is compounded Half-yearly:
Amount = P 78

4. When interest is compounded Quarterly:
Amount = P 79
5. When interest is compounded Annually but time is in fraction, say 32by5 years.
Amount = P 80

6. When Rates are different for different years, say R1%, R2%, R3% for 1st, 2nd and 3rd year respectively.
Then, Amount = P 81

7. Present worth of Rs. x due n years hence is given by:
Present Worth = 82


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