Mathematical Functions

Compound Interest

Here is a little function that calulates the compound interest of an amount, over the specified period.

Function CompoundInterest(cStartAmount As Currency, fInterestPerPeriod As Single, lPeriods As Long) As Currency
    Dim i As Long
    Dim cTotal As Currency
    cTotal = cStartAmount
    For i = 1 To lPeriods
        cTotal = cTotal + (cTotal * (fInterestPerPeriod))
    Next i
    CompoundInterest = cTotal - cStartAmount
End Function

Private Sub cmdCalculate_Click()
    '// 100 = starting amount
    '// 0.1 = 10% Interest per period
    '// 2   = 2 periods
    MsgBox CompoundInterest(100, 0.1, 2)
End Sub

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James Crowley

James Crowley United Kingdom

James first started this website when learning Visual Basic back in 1999 whilst studying his GCSEs. The site grew steadily over the years while being run as a hobby - to a regular monthly audien...

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