Compound Function


compound (<rate>, <periods>)
or the compound of {<rate>, <periods>}


The compound mathematical function performs compound interest calculations on the future value of 1. The rate is the interest rate per period, and periods is the number of periods.


Type the following in the Message Box and press Enter, where <principal amount> is a value:
This text has been mechanically extracted from the Oracle Media Objects MediaTalk Reference, © 1995 Oracle Corporation, and is provided here solely for educational/historical purposes.