## How do you calculate compound interest in 5 years?

Example: Let’s say your goal is to end up with $10,000 in 5 years, and you can get an 8% interest rate on your savings, compounded monthly. Your calculation would be: P = 10000 / (1 + 0.08/12)(12×5) = $6712.10.

## What will be the compound interest of rupees 25000 for 3 years at 8% per annum compounded annually?

CI = ₹ 8264 Amount = ₹ 33264.

**What is the compound interest for the principal amount of Rs 25000 at 8% per annum for 2 year period?**

Hence, The compound interest is Rs. 4,160.

**What would be the compound interest of Rs 25000 for 2 years at the rate of 5% per annum?**

14,520 and Rs. 15,972 respectively. Q7. The compound interest on a sum of money at 5% per annum for a period of 2 years is ₹ 6560.

### How do you calculate annual compound interest?

What is APY?

### How to calculate compound interest using a formula?

Compound interest, or ‘interest on interest’, is calculated with the compound interest formula. The formula for compound interest is P (1 + r/n)^(nt), where P is the initial principal balance, r is the interest rate, n is the number of times interest is compounded per time period and t is the number of time periods.

**How do you calculate complex interest?**

Enter an initial balance figure

**How to calculate compound interest per annum?**

n = number of times interest is compounded per year t = time (in years) It is to be noted that the above formula is the general formula for the number of times the principal is compounded in a year. If the interest is compounded annually, the amount is given as: A= P (1+ R 100)t A = P ( 1 + R 100) t