Shortcuts for Calculating Compound Interest

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Shortcuts for Calculating Compound Interest

Here is a shortcut trick for calculation of compound interest for 2 and 3 years. Instead of putting formulas and doing long calculation you can use the short tricks according to given percentage

CI for 2 Years                                                                                   CI For 3 Years

2%4.04%2%6.12%
3%6.09%3%9.27
4%8.16%4%12.48
5%10.25%5%15.76
6%12.36%6%19.10
7%14.49&7%22.50
8%16.64%8%25.97
9%18.81%9%29.50
10%21%10%33.10
11%23.21%11%36.76
12%25.44%12%40.49
13%27.6913%44.28
14%29.9614%48.15
15%32.2515%52.08
16%34.5616%56.08
17%36.8917%60.16
18%39.2418%64.30
19%41.6119%68.51
20%44.0020%72.80

 

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