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% | 27.69 | 13% | 44.28 |
| 14% | 29.96 | 14% | 48.15 |
| 15% | 32.25 | 15% | 52.08 |
| 16% | 34.56 | 16% | 56.08 |
| 17% | 36.89 | 17% | 60.16 |
| 18% | 39.24 | 18% | 64.30 |
| 19% | 41.61 | 19% | 68.51 |
| 20% | 44.00 | 20% | 72.80 |
