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# Compound interest. Arbitrary payment

##### Compound interest calculator with the possibilityto set all the parameters of the compound interest formula
Timur2015-12-24 17:16:39

Usually, when talking about deposits and compound interest (when the interest accrued not on the initial but on the accreted amount), monthly, quarterly or semi-annual interest calculations are used.
Sometimes the questions appear - what if the rate is indicated for a month and the interest is accrued daily? In a mathematical sense, it's the same thing, but there is no calculator on our website that would allow to set, for example, 30 percent accruals for one month at a monthly rate of 16%. The calculator below now allows you to do this.

This calculator just shows the calculation by compound interest formula
$S=P(1 + \frac{j}{m})^{mn}$
where you can set all the parameters

##### Compound interest. Arbitrary payment
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