The calculation formula of compound interest is the calculation of interest in the previous period, which is included in the repeated interest calculation of principal, that is, "interest generates interest" and "interest rolls over". There are two main calculation methods: one is to calculate compound interest at one time; The other is the calculation of equal multiple payment of compound interest.

Its characteristic is that the sum of the principal and interest at the end of the previous period is taken as the principal of the next period, and the amount of the principal of each period is different when calculating. It is mainly used to calculate the final value of principal and interest of multiple equal investments and the value of multiple equal payments.

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