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Simple Vs Compound Interest

simple versus compound interest

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Syed Tabrez
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0% found this document useful (0 votes)
69 views4 pages

Simple Vs Compound Interest

simple versus compound interest

Uploaded by

Syed Tabrez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd

PV 100

Rate 8%

Period FV (Simple Interest) FV (Compound Interest) Pick a Year: 30


0 100.00 100.00
1 108.00 108.00
Compound vs Simple In
2 116.00 116.64 X Y
8% per year for 40 Ye
3 124.00 125.97 30.00
2,500.00 0.00
4 132.00 136.05 30.00 340.00
5 140.00 146.93 30.00
2,000.00 1006.27
6 148.00 158.69
7 156.00 171.38

Future Value
1,500.00
8 164.00 185.09
9 172.00 199.90 1,000.00
10 180.00 215.89
11 188.00 233.16 500.00
12 196.00 251.82
13 204.00 271.96
-
14 212.00 293.72 0 5 10 15 20
15 220.00 317.22
Years
16 228.00 342.59 FV (Simple I
17 236.00 370.00
18 244.00 399.60
19 252.00 431.57
20 260.00 466.10 This workbook is Copyright 2007 by Timothy R. M
21 268.00 503.38
22 276.00 543.65 Please visit [Link] for free time v
calculator, and Microsoft Excel tutorials.
23 284.00 587.15
24 292.00 634.12
25 300.00 684.85
26 308.00 739.64
27 316.00 798.81
28 324.00 862.71
29 332.00 931.73
30 340.00 1,006.27
31 348.00 1,086.77
32 356.00 1,173.71
33 364.00 1,267.60
34 372.00 1,369.01
35 380.00 1,478.53
36 388.00 1,596.82
37 396.00 1,724.56
38 404.00 1,862.53
39 412.00 2,011.53
40 420.00 2,172.45
Compound vs Simple Interest
8% per year for 40 Years

1,006.27

340.00

10 15 20 25 30 35 40

Years
FV (Simple Interest)

ght 2007 by Timothy R. Mayes, Ph.D.

[Link]/ for free time value of money, financial


Excel tutorials.
30

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