Final Amount of Semi Annual Compound Interest Solution

STEP 0: Pre-Calculation Summary
Formula Used
Final Amount of Semi Annual CI = Principal Amount of Semi Annual CI*(1+Annual Rate of Compound Interest/(2*100))^(2*Time Period of Semi Annual CI)
ASemi Annual = PSemi Annual*(1+rAnnual/(2*100))^(2*tSemi Annual)
This formula uses 4 Variables
Variables Used
Final Amount of Semi Annual CI - Final Amount of Semi Annual CI is the total amount received/paid back, including the amount invested/ borrowed initially, and interest on it for given time at fixed rate compounded semi-annually.
Principal Amount of Semi Annual CI - Principal Amount of Semi Annual CI is the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time compounded semi-annually.
Annual Rate of Compound Interest - The Annual Rate of Compound Interest is the percent of the interest paid over the principal amount for the due period compounded annually.
Time Period of Semi Annual CI - (Measured in Year) - Time Period of Semi Annual CI is the number of years for which the principal amount is invested, borrowed, or lent at a fixed rate compounded semi-annually.
STEP 1: Convert Input(s) to Base Unit
Principal Amount of Semi Annual CI: 10000 --> No Conversion Required
Annual Rate of Compound Interest: 20 --> No Conversion Required
Time Period of Semi Annual CI: 1.5 Year --> 1.5 Year No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
ASemi Annual = PSemi Annual*(1+rAnnual/(2*100))^(2*tSemi Annual) --> 10000*(1+20/(2*100))^(2*1.5)
Evaluating ... ...
ASemi Annual = 13310
STEP 3: Convert Result to Output's Unit
13310 --> No Conversion Required
FINAL ANSWER
13310 <-- Final Amount of Semi Annual CI
(Calculation completed in 00.004 seconds)

Credits

Creator Image
Created by Dhruv Walia
Indian Institute of Technology, Indian School of Mines, DHANBAD (IIT ISM), Dhanbad, Jharkhand
Dhruv Walia has created this Calculator and 1100+ more calculators!
Verifier Image
Verified by Nikita Kumari
The National Institute of Engineering (NIE), Mysuru
Nikita Kumari has verified this Calculator and 600+ more calculators!

Final Amount of Semi Annual Compound Interest Calculators

Final Amount of Semi Annual Compound Interest given Semi Annual Rate
​ LaTeX ​ Go Final Amount of Semi Annual CI = Principal Amount of Semi Annual CI*(1+Semi Annual Rate of Compound Interest/100)^(2*Time Period of Semi Annual CI)
Final Amount of Semi Annual Compound Interest
​ LaTeX ​ Go Final Amount of Semi Annual CI = Principal Amount of Semi Annual CI*(1+Annual Rate of Compound Interest/(2*100))^(2*Time Period of Semi Annual CI)
Final Amount of Semi Annual Compound Interest given Compound Interest
​ LaTeX ​ Go Final Amount of Semi Annual CI = Principal Amount of Semi Annual CI+Semi Annual Compound Interest

Semi Annual Compound Interest Calculators

Principal Amount of Semi Annual Compound Interest
​ LaTeX ​ Go Principal Amount of Semi Annual CI = Semi Annual Compound Interest/((1+Annual Rate of Compound Interest/(2*100))^(2*Time Period of Semi Annual CI)-1)
Semi Annual Compound Interest
​ LaTeX ​ Go Semi Annual Compound Interest = Principal Amount of Semi Annual CI*((1+Annual Rate of Compound Interest/(2*100))^(2*Time Period of Semi Annual CI)-1)
Final Amount of Semi Annual Compound Interest
​ LaTeX ​ Go Final Amount of Semi Annual CI = Principal Amount of Semi Annual CI*(1+Annual Rate of Compound Interest/(2*100))^(2*Time Period of Semi Annual CI)
Semi Annual Rate of Compound Interest given Annual Rate
​ LaTeX ​ Go Semi Annual Rate of Compound Interest = Annual Rate of Compound Interest/2

Final Amount of Semi Annual Compound Interest Formula

​LaTeX ​Go
Final Amount of Semi Annual CI = Principal Amount of Semi Annual CI*(1+Annual Rate of Compound Interest/(2*100))^(2*Time Period of Semi Annual CI)
ASemi Annual = PSemi Annual*(1+rAnnual/(2*100))^(2*tSemi Annual)

What is Compound Interest?

Compound Interest is the interest calculated on the principal and the interest accumulated over the previous period. The Compound Interest for an amount depends on both principal and interest gained over periods. Compound Interest varies with each year for the same principal amount. It is different from simple interest, where interest is not added to the principal while calculating the interest during the next period.

How to Calculate Final Amount of Semi Annual Compound Interest?

Final Amount of Semi Annual Compound Interest calculator uses Final Amount of Semi Annual CI = Principal Amount of Semi Annual CI*(1+Annual Rate of Compound Interest/(2*100))^(2*Time Period of Semi Annual CI) to calculate the Final Amount of Semi Annual CI, The Final Amount of Semi Annual Compound Interest formula is defined as the total amount received or paid back, including the amount invested or borrowed initially, and interest on it for a given time period at a fixed rate compounded semi-annually. Final Amount of Semi Annual CI is denoted by ASemi Annual symbol.

How to calculate Final Amount of Semi Annual Compound Interest using this online calculator? To use this online calculator for Final Amount of Semi Annual Compound Interest, enter Principal Amount of Semi Annual CI (PSemi Annual), Annual Rate of Compound Interest (rAnnual) & Time Period of Semi Annual CI (tSemi Annual) and hit the calculate button. Here is how the Final Amount of Semi Annual Compound Interest calculation can be explained with given input values -> 13310 = 10000*(1+20/(2*100))^(2*47335428).

FAQ

What is Final Amount of Semi Annual Compound Interest?
The Final Amount of Semi Annual Compound Interest formula is defined as the total amount received or paid back, including the amount invested or borrowed initially, and interest on it for a given time period at a fixed rate compounded semi-annually and is represented as ASemi Annual = PSemi Annual*(1+rAnnual/(2*100))^(2*tSemi Annual) or Final Amount of Semi Annual CI = Principal Amount of Semi Annual CI*(1+Annual Rate of Compound Interest/(2*100))^(2*Time Period of Semi Annual CI). Principal Amount of Semi Annual CI is the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time compounded semi-annually, The Annual Rate of Compound Interest is the percent of the interest paid over the principal amount for the due period compounded annually & Time Period of Semi Annual CI is the number of years for which the principal amount is invested, borrowed, or lent at a fixed rate compounded semi-annually.
How to calculate Final Amount of Semi Annual Compound Interest?
The Final Amount of Semi Annual Compound Interest formula is defined as the total amount received or paid back, including the amount invested or borrowed initially, and interest on it for a given time period at a fixed rate compounded semi-annually is calculated using Final Amount of Semi Annual CI = Principal Amount of Semi Annual CI*(1+Annual Rate of Compound Interest/(2*100))^(2*Time Period of Semi Annual CI). To calculate Final Amount of Semi Annual Compound Interest, you need Principal Amount of Semi Annual CI (PSemi Annual), Annual Rate of Compound Interest (rAnnual) & Time Period of Semi Annual CI (tSemi Annual). With our tool, you need to enter the respective value for Principal Amount of Semi Annual CI, Annual Rate of Compound Interest & Time Period of Semi Annual CI and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
How many ways are there to calculate Final Amount of Semi Annual CI?
In this formula, Final Amount of Semi Annual CI uses Principal Amount of Semi Annual CI, Annual Rate of Compound Interest & Time Period of Semi Annual CI. We can use 2 other way(s) to calculate the same, which is/are as follows -
  • Final Amount of Semi Annual CI = Principal Amount of Semi Annual CI+Semi Annual Compound Interest
  • Final Amount of Semi Annual CI = Principal Amount of Semi Annual CI*(1+Semi Annual Rate of Compound Interest/100)^(2*Time Period of Semi Annual CI)
Let Others Know
Facebook
Twitter
Reddit
LinkedIn
Email
WhatsApp
Copied!