Compound Interest Quarterly Formula
Equation for calculate compound interest quarterly is,
Compound Interest = P(1 + (R / 400))^4n
Total Amount = Principal + Compound interest
p = Principal or Sum [P]
i = Rate % Per Annum [R]
y = Time Years [n]
p = Principal or Sum [P]
i = Rate % Per Annum [R]
y = Time Years [n]