Time Period of Semi Annual Compound Interest Solution

STEP 0: Pre-Calculation Summary
Formula Used
Time Period of Semi Annual CI = 1/2*log((1+Annual Rate of Compound Interest/(2*100)),Semi Annual Compound Interest/Principal Amount of Semi Annual CI+1)
tSemi Annual = 1/2*log((1+rAnnual/(2*100)),CISemi Annual/PSemi Annual+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 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.
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.
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.
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.
STEP 1: Convert Input(s) to Base Unit
Annual Rate of Compound Interest: 20 --> No Conversion Required
Semi Annual Compound Interest: 3310 --> No Conversion Required
Principal Amount of Semi Annual CI: 10000 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
tSemi Annual = 1/2*log((1+rAnnual/(2*100)),CISemi Annual/PSemi Annual+1) --> 1/2*log((1+20/(2*100)),3310/10000+1)
Evaluating ... ...
tSemi Annual = 1.5
STEP 3: Convert Result to Output's Unit
47335427.9999999 Second -->1.5 Year (Check conversion ​here)
FINAL ANSWER
1.5 Year <-- Time Period 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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Verified by Nikita Kumari
The National Institute of Engineering (NIE), Mysuru
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Time Period of Semi Annual Compound Interest Calculators

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

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

Time Period of Semi Annual Compound Interest Formula

​LaTeX ​Go
Time Period of Semi Annual CI = 1/2*log((1+Annual Rate of Compound Interest/(2*100)),Semi Annual Compound Interest/Principal Amount of Semi Annual CI+1)
tSemi Annual = 1/2*log((1+rAnnual/(2*100)),CISemi Annual/PSemi 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 Time Period of Semi Annual Compound Interest?

Time Period of Semi Annual Compound Interest calculator uses Time Period of Semi Annual CI = 1/2*log((1+Annual Rate of Compound Interest/(2*100)),Semi Annual Compound Interest/Principal Amount of Semi Annual CI+1) to calculate the Time Period of Semi Annual CI, The Time Period of Semi 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 semi-annually. Time Period of Semi Annual CI is denoted by tSemi Annual symbol.

How to calculate Time Period of Semi Annual Compound Interest using this online calculator? To use this online calculator for Time Period of Semi Annual Compound Interest, enter Annual Rate of Compound Interest (rAnnual), Semi Annual Compound Interest (CISemi Annual) & Principal Amount of Semi Annual CI (PSemi Annual) and hit the calculate button. Here is how the Time Period of Semi Annual Compound Interest calculation can be explained with given input values -> 4.8E-8 = 1/2*log((1+20/(2*100)),3310/10000+1).

FAQ

What is Time Period of Semi Annual Compound Interest?
The Time Period of Semi 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 semi-annually and is represented as tSemi Annual = 1/2*log((1+rAnnual/(2*100)),CISemi Annual/PSemi Annual+1) or Time Period of Semi Annual CI = 1/2*log((1+Annual Rate of Compound Interest/(2*100)),Semi Annual Compound Interest/Principal Amount of Semi Annual CI+1). The Annual Rate of Compound Interest is the percent of the interest paid over the principal amount for the due period compounded annually, 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 & 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.
How to calculate Time Period of Semi Annual Compound Interest?
The Time Period of Semi 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 semi-annually is calculated using Time Period of Semi Annual CI = 1/2*log((1+Annual Rate of Compound Interest/(2*100)),Semi Annual Compound Interest/Principal Amount of Semi Annual CI+1). To calculate Time Period of Semi Annual Compound Interest, you need Annual Rate of Compound Interest (rAnnual), Semi Annual Compound Interest (CISemi Annual) & Principal Amount of Semi Annual CI (PSemi Annual). With our tool, you need to enter the respective value for Annual Rate of Compound Interest, Semi Annual Compound Interest & Principal Amount 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 Time Period of Semi Annual CI?
In this formula, Time Period of Semi Annual CI uses Annual Rate of Compound Interest, Semi Annual Compound Interest & Principal Amount of Semi Annual CI. We can use 2 other way(s) to calculate the same, which is/are as follows -
  • Time Period of Semi Annual CI = 1/2*log((1+Semi Annual Rate of Compound Interest/100),Semi Annual Compound Interest/Principal Amount of Semi Annual CI+1)
  • Time Period of Semi Annual CI = 1/2*log((1+Semi Annual Rate of Compound Interest/100),Final Amount of Semi Annual CI/Principal Amount of Semi Annual CI)
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