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Formula – Accumulated Value
By Contributor on August 24, 2018
A = (R+1)n x P
Where
A = Accumulated amount consisting of principal plus interest
You need to know:
What lenders hope you never learn about mortgages
R = Period interest rate
P = Principal
n = Number of periods
The accumulated value is an equation used to compute the interest on a single deposit.
This formula is also frequently used in the insurance industry to work out total value of whole life policies.
When there is a need to calculate accumulated value per period, it gets a little more complicated.
This can happen when there are many deposits made. And there is a requirement to work out the numbers.
Where
A = Accumulated amount consisting of principal plus interest
D = Period deposit amount
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R = Period interest rate
P = Principal
n = Number of periods
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