Interest Calculator

Solve various problems related to money, finance, mortgage, loan, checking, credit card and savings accounts.
Annual Percentage Rate
Annual Percentage Rate

Problem:

Solving for annual percentage rate(APR).


Inputs:

interest rate (i)
times per year compounded(q)

Solution:

annual percentage rate(r) = 0.20745099812977

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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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