Principal Amount of Compound Interest given Final Amount Calculator

✖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.ⓘ Final Amount of CI [A]			+10% -10%
✖The Rate of Compound Interest is the percent of the interest paid over the principal amount for the due period per year compounded n-times a year.ⓘ Rate of Compound Interest [r]			+10% -10%
✖The No. of Times Interest Compounded Per Year is the number of times the interest is combined with the initial amount invested, borrowed, or lent per year.ⓘ No. of Times Interest Compounded Per Year [n]			+10% -10%
✖Time Period of Compound Interest is the number of years for which the principal amount is invested, borrowed, or lent at a fixed rate compounded n-times a year.ⓘ Time Period of Compound Interest [t]			+10% -10%

✖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.ⓘ Principal Amount of Compound Interest given Final Amount [P]

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Principal Amount of Compound Interest given Final Amount Solution

STEP 0: Pre-Calculation Summary

Formula Used

Principal Amount of Compound Interest = Final Amount of CI/(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)
P = A/(1+r/(n*100))^(n*t)
This formula uses 5 Variables

Variables Used

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.
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.
Rate of Compound Interest - The Rate of Compound Interest is the percent of the interest paid over the principal amount for the due period per year compounded n-times a year.
No. of Times Interest Compounded Per Year - The No. of Times Interest Compounded Per Year is the number of times the interest is combined with the initial amount invested, borrowed, or lent per year.
Time Period of Compound Interest - (Measured in Year) - Time Period of Compound Interest is the number of years for which the principal amount is invested, borrowed, or lent at a fixed rate compounded n-times a year.

STEP 1: Convert Input(s) to Base Unit

Final Amount of CI: 1161 --> No Conversion Required
Rate of Compound Interest: 5 --> No Conversion Required
No. of Times Interest Compounded Per Year: 4 --> No Conversion Required
Time Period of Compound Interest: 3 Year --> 3 Year No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

P = A/(1+r/(n*100))^(n*t) --> 1161/(1+5/(4*100))^(4*3)

Evaluating ... ...

P = 1000.21148509289

STEP 3: Convert Result to Output's Unit

1000.21148509289 --> No Conversion Required

FINAL ANSWER

1000.21148509289 ≈ 1000.211 <-- Principal Amount of Compound Interest

(Calculation completed in 00.008 seconds)

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< Principal Amount of Compound Interest Calculators

Principal Amount of Compound Interest

LaTeX Go Principal Amount of Compound Interest = 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)

Principal Amount of Compound Interest given Final Amount

LaTeX Go Principal Amount of Compound Interest = Final Amount of CI/(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)

Principal Amount of Compound Interest given Final Amount Formula

LaTeX Go

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 Principal Amount of Compound Interest given Final Amount?

Principal Amount of Compound Interest given Final Amount calculator uses Principal Amount of Compound Interest = Final Amount of CI/(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) to calculate the Principal Amount of Compound Interest, The Principal Amount of Compound Interest given Final Amount formula is defined as the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time compounded n-times a year, and is calculated using the final amount of Compound Interest. Principal Amount of Compound Interest is denoted by P symbol.

How to calculate Principal Amount of Compound Interest given Final Amount using this online calculator? To use this online calculator for Principal Amount of Compound Interest given Final Amount, enter Final Amount of CI (A), Rate of Compound Interest (r), No. of Times Interest Compounded Per Year (n) & Time Period of Compound Interest (t) and hit the calculate button. Here is how the Principal Amount of Compound Interest given Final Amount calculation can be explained with given input values -> 1000.211 = 1161/(1+5/(4*100))^(4*94670856).

FAQ

What is Principal Amount of Compound Interest given Final Amount?

The Principal Amount of Compound Interest given Final Amount formula is defined as the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time compounded n-times a year, and is calculated using the final amount of Compound Interest and is represented as P = A/(1+r/(n*100))^(n*t) or Principal Amount of Compound Interest = Final Amount of CI/(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). 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, The Rate of Compound Interest is the percent of the interest paid over the principal amount for the due period per year compounded n-times a year, The No. of Times Interest Compounded Per Year is the number of times the interest is combined with the initial amount invested, borrowed, or lent per year & Time Period of Compound Interest is the number of years for which the principal amount is invested, borrowed, or lent at a fixed rate compounded n-times a year.

How to calculate Principal Amount of Compound Interest given Final Amount?

The Principal Amount of Compound Interest given Final Amount formula is defined as the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time compounded n-times a year, and is calculated using the final amount of Compound Interest is calculated using Principal Amount of Compound Interest = Final Amount of CI/(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). To calculate Principal Amount of Compound Interest given Final Amount, you need Final Amount of CI (A), Rate of Compound Interest (r), No. of Times Interest Compounded Per Year (n) & Time Period of Compound Interest (t). With our tool, you need to enter the respective value for Final Amount of CI, Rate of Compound Interest, No. of Times Interest Compounded Per Year & Time Period of Compound Interest 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 Principal Amount of Compound Interest?

In this formula, Principal Amount of Compound Interest uses Final Amount of CI, Rate of Compound Interest, No. of Times Interest Compounded Per Year & Time Period of Compound Interest. We can use 1 other way(s) to calculate the same, which is/are as follows -

Principal Amount of Compound Interest = 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)

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