EARNED INTEREST TABLE FOR SINGLE INVESTMENT

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 a single investment. For that we must provide the amount of the initial investment, the nominal interest rate, and the number of compounding periods per year. The new balance will be printed a maximum of four times per year. If interest is compounded less than four times per year, the new balance will be posted with each interest computation.