How Simple Interest Works In This Calculator

Simple growth 10% of 100 =10 has to be added on each period.

Example

Start value = 100, Rate of Interest = 5 %, Period = 5 years

For 1 year = 10% of 100 = 10

For 5 years = 10% of 100 = 50

i.e Appreciated Value = Start value + 50

So the changing appreciated values go 100, 110, 120, 130, 140 and 150.

Appreciated Value = 100 + 50

Appreciated Value = 150

Depreciated Value = Start value - 50

Depreciated Value = 100 - 50

Depreciated Value = 50

How Compound Interest Works In This Calculator

Compound growth the begining looks the same 100, 110 but the next value has to be found by adding on 5% of 110 (Not 100) and that is 5.50 to give 100, 110, 115.50 and so on.