100

8%

Period
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40

FV (Simple Interest) FV (Compound Interest)

100.00
100.00
108.00
108.00
116.00
116.64
124.00
125.97
132.00
136.05
140.00
146.93
148.00
158.69
156.00
171.38
164.00
185.09
172.00
199.90
180.00
215.89
188.00
233.16
196.00
251.82
204.00
271.96
212.00
293.72
220.00
317.22
228.00
342.59
236.00
370.00
244.00
399.60
252.00
431.57
260.00
466.10
268.00
503.38
276.00
543.65
284.00
587.15
292.00
634.12
300.00
684.85
308.00
739.64
316.00
798.81
324.00
862.71
332.00
931.73
340.00
1,006.27
348.00
1,086.77
356.00
1,173.71
364.00
1,267.60
372.00
1,369.01
380.00
1,478.53
388.00
1,596.82
396.00
1,724.56
404.00
1,862.53
412.00
2,011.53
420.00
2,172.45

Pick a Year:

30

Compound vs Simple
8% per year for 4

2,500.00
30.00

0.00
340.00
1006.27

30.00
30.00
2,000.00
Future Value

PV
Rate

1,500.00
1,000.00
500.00
0

10

15

Years
FV (Simple Interest)

This workbook is Copyright 2007 by Timothy

Please visit http://www.tvmcalcs.com/ for free tim

calculator, and Microsoft Excel tutorials.

30

Compound vs Simple Interest

8% per year for 40 Years

1,006.27

340.00

10

15

Years
FV (Simple Interest)

20

25

30

35

FV (Compound Interest)

k is Copyright 2007 by Timothy R. Mayes, Ph.D.

p://www.tvmcalcs.com/ for free time value of money, financial

Microsoft Excel tutorials.

40

30