Time Period of Annual Compound Interest Solution

STEP 0: Pre-Calculation Summary
Formula Used
Time Period of Annual Compound Interest = log((1+Annual Rate of Compound Interest/100),Annual Compound Interest/Principal Amount of Annual Compound Interest+1)
tAnnual = log((1+rAnnual/100),CIAnnual/PAnnual+1)
This formula uses 1 Functions, 4 Variables
Functions Used
log - Logarithmic function is an inverse function to exponentiation., log(Base, Number)
Variables Used
Time Period of Annual Compound Interest - (Measured in Year) - Time period of Annual Compound Interest is the number of years for which the principal amount is invested, borrowed, or lent at a fixed rate compounded 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.
Annual Compound Interest - Annual Compound Interest is the extra amount gained/paid on the principal amount for the time period at a fixed rate compounded annually.
Principal Amount of Annual Compound Interest - Principal Amount of Annual Compound Interest is the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time compounded annually.
STEP 1: Convert Input(s) to Base Unit
Annual Rate of Compound Interest: 20 --> No Conversion Required
Annual Compound Interest: 44 --> No Conversion Required
Principal Amount of Annual Compound Interest: 100 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
tAnnual = log((1+rAnnual/100),CIAnnual/PAnnual+1) --> log((1+20/100),44/100+1)
Evaluating ... ...
tAnnual = 2
STEP 3: Convert Result to Output's Unit
63113904 Second -->2 Year (Check conversion ​here)
FINAL ANSWER
2 Year <-- Time Period of Annual Compound Interest
(Calculation completed in 00.005 seconds)

Credits

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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!
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Verified by Nikita Kumari
The National Institute of Engineering (NIE), Mysuru
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Time Period of Annual Compound Interest Calculators

Time Period of Annual Compound Interest
​ LaTeX ​ Go Time Period of Annual Compound Interest = log((1+Annual Rate of Compound Interest/100),Annual Compound Interest/Principal Amount of Annual Compound Interest+1)
Time Period of Annual Compound Interest given Final Amount
​ LaTeX ​ Go Time Period of Annual Compound Interest = log((1+Annual Rate of Compound Interest/100),Final Amount of Annual CI/Principal Amount of Annual Compound Interest)

Annual Compound Interest Calculators

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

Time Period of Annual Compound Interest Formula

​LaTeX ​Go
Time Period of Annual Compound Interest = log((1+Annual Rate of Compound Interest/100),Annual Compound Interest/Principal Amount of Annual Compound Interest+1)
tAnnual = log((1+rAnnual/100),CIAnnual/PAnnual+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 Time Period of Annual Compound Interest?

Time Period of Annual Compound Interest calculator uses Time Period of Annual Compound Interest = log((1+Annual Rate of Compound Interest/100),Annual Compound Interest/Principal Amount of Annual Compound Interest+1) to calculate the Time Period of Annual Compound Interest, The Time Period of Annual Compound Interest formula is defined as the number of years for which the principal amount is invested, borrowed, or lent at a fixed rate compounded annually. Time Period of Annual Compound Interest is denoted by tAnnual symbol.

How to calculate Time Period of Annual Compound Interest using this online calculator? To use this online calculator for Time Period of Annual Compound Interest, enter Annual Rate of Compound Interest (rAnnual), Annual Compound Interest (CIAnnual) & Principal Amount of Annual Compound Interest (PAnnual) and hit the calculate button. Here is how the Time Period of Annual Compound Interest calculation can be explained with given input values -> 6.3E-8 = log((1+20/100),44/100+1).

FAQ

What is Time Period of Annual Compound Interest?
The Time Period of Annual Compound Interest formula is defined as the number of years for which the principal amount is invested, borrowed, or lent at a fixed rate compounded annually and is represented as tAnnual = log((1+rAnnual/100),CIAnnual/PAnnual+1) or Time Period of Annual Compound Interest = log((1+Annual Rate of Compound Interest/100),Annual Compound Interest/Principal Amount of Annual Compound Interest+1). The Annual Rate of Compound Interest is the percent of the interest paid over the principal amount for the due period compounded annually, Annual Compound Interest is the extra amount gained/paid on the principal amount for the time period at a fixed rate compounded annually & Principal Amount of Annual Compound Interest is the amount invested, borrowed, or lent initially at a fixed rate for a given duration of time compounded annually.
How to calculate Time Period of Annual Compound Interest?
The Time Period of Annual Compound Interest formula is defined as the number of years for which the principal amount is invested, borrowed, or lent at a fixed rate compounded annually is calculated using Time Period of Annual Compound Interest = log((1+Annual Rate of Compound Interest/100),Annual Compound Interest/Principal Amount of Annual Compound Interest+1). To calculate Time Period of Annual Compound Interest, you need Annual Rate of Compound Interest (rAnnual), Annual Compound Interest (CIAnnual) & Principal Amount of Annual Compound Interest (PAnnual). With our tool, you need to enter the respective value for Annual Rate of Compound Interest, Annual Compound Interest & Principal Amount of Annual 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 Time Period of Annual Compound Interest?
In this formula, Time Period of Annual Compound Interest uses Annual Rate of Compound Interest, Annual Compound Interest & Principal Amount of Annual Compound Interest. We can use 1 other way(s) to calculate the same, which is/are as follows -
  • Time Period of Annual Compound Interest = log((1+Annual Rate of Compound Interest/100),Final Amount of Annual CI/Principal Amount of Annual Compound Interest)
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