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EARNED INTEREST TABLE FOR MULTIPLE INVESTMENTS

EARNED INTEREST TABLE FOR MULTIPLE INVESTMENTS

Publicado por: BSAIBES Engineering
Licencia: 80

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Descripción

This program calculates and shows an earned interest table for investments. The schedule contains the following outputs: 1) Periodic balance 2) Interest accumulated between two periods 3) Total interest accumulated 4) Effective interest rate These outputs are calculated for an initial investment with regular deposits or withdrawals. For that we must provide the amount of the initial investment, the nominal interest rate, the number of deposits or withdrawals per year and their amount. In this case it is assumed interest is compounded daily (360-day per year). Your new balance will be showed at each deposit or withdrawal. (Deposits are entered as a positive number and withdrawals are entered as a negative number)


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