Principal Amount of Semi Annual Compound Interest Solution

STEP 0: Pre-Calculation Summary
Formula Used
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)
PSemi Annual = CISemi Annual/((1+rAnnual/(2*100))^(2*tSemi Annual)-1)
This formula uses 4 Variables
Variables Used
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.
Semi Annual Compound Interest - Semi Annual Compound Interest is the extra amount gained/paid on the principal amount for the time period at a fixed rate 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
Semi Annual Compound Interest: 3310 --> 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
PSemi Annual = CISemi Annual/((1+rAnnual/(2*100))^(2*tSemi Annual)-1) --> 3310/((1+20/(2*100))^(2*1.5)-1)
Evaluating ... ...
PSemi Annual = 9999.99999999999
STEP 3: Convert Result to Output's Unit
9999.99999999999 --> No Conversion Required
FINAL ANSWER
9999.99999999999 10000 <-- Principal Amount of Semi Annual CI
(Calculation completed in 00.004 seconds)

Credits

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Created by Dhruv Walia
Indian Institute of Technology, Indian School of Mines, DHANBAD (IIT ISM), Dhanbad, Jharkhand
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The National Institute of Engineering (NIE), Mysuru
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Principal Amount of Semi Annual Compound Interest Calculators

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

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

Principal Amount of Semi Annual Compound Interest Formula

​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)
PSemi Annual = CISemi Annual/((1+rAnnual/(2*100))^(2*tSemi Annual)-1)

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 Semi Annual Compound Interest?

Principal Amount of Semi Annual Compound Interest calculator uses 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) to calculate the Principal Amount of Semi Annual CI, The Principal Amount of Semi Annual Compound Interest formula is defined as the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time compounded semi-annually. Principal Amount of Semi Annual CI is denoted by PSemi Annual symbol.

How to calculate Principal Amount of Semi Annual Compound Interest using this online calculator? To use this online calculator for Principal Amount of Semi Annual Compound Interest, enter Semi Annual Compound Interest (CISemi Annual), Annual Rate of Compound Interest (rAnnual) & Time Period of Semi Annual CI (tSemi Annual) and hit the calculate button. Here is how the Principal Amount of Semi Annual Compound Interest calculation can be explained with given input values -> 10000 = 3310/((1+20/(2*100))^(2*47335428)-1).

FAQ

What is Principal Amount of Semi Annual Compound Interest?
The Principal Amount of Semi Annual Compound Interest formula is defined as the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time compounded semi-annually and is represented as PSemi Annual = CISemi Annual/((1+rAnnual/(2*100))^(2*tSemi Annual)-1) or 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 is the extra amount gained/paid on the principal amount for the time period at a fixed rate 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 Principal Amount of Semi Annual Compound Interest?
The Principal Amount of Semi Annual Compound Interest formula is defined as the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time compounded semi-annually is calculated using 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). To calculate Principal Amount of Semi Annual Compound Interest, you need Semi Annual Compound Interest (CISemi 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 Semi Annual Compound Interest, 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 Principal Amount of Semi Annual CI?
In this formula, Principal Amount of Semi Annual CI uses Semi Annual Compound Interest, 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 -
  • Principal Amount of Semi Annual CI = Semi Annual Compound Interest/((1+Semi Annual Rate of Compound Interest/100)^(2*Time Period of Semi Annual CI)-1)
  • Principal Amount of Semi Annual CI = Final Amount of Semi Annual CI/(1+Semi Annual Rate of Compound Interest/100)^(2*Time Period of Semi Annual CI)
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