From year-end 2016 to year-end 2017 the price appreciated by 417 from 120 to 125. Formula for Interest Compounded Annually Total Amount P1R100 n b. P the principal investment amount.
Interestquad forquad thequad secondquad half-yearfrac 8400times 5times 1 100 420 I nterest f or the second half year 1008400 5 1.
In order to calculate the value of an investment after the period of 5 years compound interest formula monthly will be used. 10000 for 1½ years at 20 per annum interest being payable half-yearly. In order to calculate the value of an investment after the period of 5 years compound interest formula monthly will be used. A P 1 r22nand CI A - P where P principal R rate in percent paper annum ie.