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Annual Compound Interest is the extra amount gained/paid on the principal amount for the time period at a fixed rate compounded annually. Check FAQs
CIAnnual=AAnnual-PAnnual
CIAnnual - Annual Compound Interest?AAnnual - Final Amount of Annual CI?PAnnual - Principal Amount of Annual Compound Interest?

Annual Compound Interest given Final Amount Example

With values
With units
Only example

Here is how the Annual Compound Interest given Final Amount equation looks like with Values.

Here is how the Annual Compound Interest given Final Amount equation looks like with Units.

Here is how the Annual Compound Interest given Final Amount equation looks like.

44Edit=144Edit-100Edit
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Annual Compound Interest given Final Amount Solution

Follow our step by step solution on how to calculate Annual Compound Interest given Final Amount?

FIRST Step Consider the formula
CIAnnual=AAnnual-PAnnual
Next Step Substitute values of Variables
CIAnnual=144-100
Next Step Prepare to Evaluate
CIAnnual=144-100
LAST Step Evaluate
CIAnnual=44

Annual Compound Interest given Final Amount Formula Elements

Variables
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.
Symbol: CIAnnual
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Final Amount of Annual CI
Final Amount of Annual CI is the total amount received or paid back, including the amount invested or borrowed initially, and interest on it for given time period at fixed rate compounded annually.
Symbol: AAnnual
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
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.
Symbol: PAnnual
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.

Credits

Creator Image
Created by Dhruv Walia LinkedIn Logo
Indian Institute of Technology, Indian School of Mines, DHANBAD (IIT ISM), Dhanbad, Jharkhand
Dhruv Walia has created this Formula and 1100+ more formulas!
Verifier Image
Verified by Nikita Salampuria LinkedIn Logo
The National Institute of Engineering (NIE), Mysuru
Nikita Salampuria has verified this Formula and 600+ more formulas!

Other Formulas to find Annual Compound Interest

​Go Annual Compound Interest
CIAnnual=PAnnual((1+rAnnual100)tAnnual-1)

How to Evaluate Annual Compound Interest given Final Amount?

Annual Compound Interest given Final Amount evaluator uses Annual Compound Interest = Final Amount of Annual CI-Principal Amount of Annual Compound Interest to evaluate the Annual Compound Interest, The Annual Compound Interest given Final Amount formula is defined as the extra amount gained/paid on the principal amount for the time period at a fixed rate compounded annually, and is calculated using the final amount of Compound Interest. Annual Compound Interest is denoted by CIAnnual symbol.

How to evaluate Annual Compound Interest given Final Amount using this online evaluator? To use this online evaluator for Annual Compound Interest given Final Amount, enter Final Amount of Annual CI (AAnnual) & Principal Amount of Annual Compound Interest (PAnnual) and hit the calculate button.

FAQs on Annual Compound Interest given Final Amount

What is the formula to find Annual Compound Interest given Final Amount?
The formula of Annual Compound Interest given Final Amount is expressed as Annual Compound Interest = Final Amount of Annual CI-Principal Amount of Annual Compound Interest. Here is an example- 44 = 144-100.
How to calculate Annual Compound Interest given Final Amount?
With Final Amount of Annual CI (AAnnual) & Principal Amount of Annual Compound Interest (PAnnual) we can find Annual Compound Interest given Final Amount using the formula - Annual Compound Interest = Final Amount of Annual CI-Principal Amount of Annual Compound Interest.
What are the other ways to Calculate Annual Compound Interest?
Here are the different ways to Calculate Annual Compound Interest-
  • Annual Compound Interest=Principal Amount of Annual Compound Interest*((1+Annual Rate of Compound Interest/100)^(Time Period of Annual Compound Interest)-1)OpenImg
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