Finance Category Archive

Effective Yield (program)

Sunday, June 3rd, 2007

Effective yield is a combination of the rate (base yield) and the amount of earned interest you automatically reinvest. This program assumes that you always reinvest all of your earned interest.

User inputs:

Compound Interest (program)

Sunday, June 3rd, 2007

Compound interest is calculated from the original principal and any unpaid interest; as the amount of compounds per year increase, the balance increases faster.

Compound-Interest Program Walkthrough:

User inputs:

  • Principal Amount
  • Rate
  • How often the amount is compounded per year
  • Time Period (in years)

Program outputs:

  • Amount of growth
  • Balance

Download Compound-Interest Program »