Interest Tables
Interest Tables
1 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 1.12 1.13 1.14 1.15 1.16
2 1.08 1.10 1.12 1.14 1.17 1.19 1.21 1.23 1.25 1.28 1.30 1.32 1.35
3 1.12 1.16 1.19 1.23 1.26 1.30 1.33 1.37 1.40 1.44 1.48 1.52 1.56
4 1.17 1.22 1.26 1.31 1.36 1.41 1.46 1.52 1.57 1.63 1.69 1.75 1.81
5 1.22 1.28 1.34 1.40 1.47 1.54 1.61 1.69 1.76 1.84 1.93 2.01 2.10
6 1.27 1.34 1.42 1.50 1.59 1.68 1.77 1.87 1.97 2.08 2.19 2.29 2.44
7 1.32 1.41 1.50 1.61 1.71 1.83 1.95 2.08 2.21 2.35 2.50 2.61 2.83
8 1.37 1.48 1.59 1.72 1.85 1.99 2.14 2.30 2.48 2.66 2.85 2.98 3.28
9 1.42 1.55 1.69 1.84 2.00 2.17 2.36 2.56 2.77 3.00 3.25 3.40 3.80
10 1.48 1.63 1.79 1.97 2.16 2.37 2.60 2.84 3.11 3.39 3.71 3.87 4.41
11 1.54 1.71 1.90 2.10 2.33 2.58 2.85 3.15 3.48 3.84 4.23 4.45 5.12
12 1.60 1.80 2.01 2.25 2.52 2.81 3.14 3.50 3.90 4.33 4.82 5.12 5.94
13 1.67 1.89 2.13 2.41 2.72 3.07 3.45 3.88 4.36 4.90 5.50 5.89 6.89
14 1.73 1.98 2.26 2.58 2.94 3.34 3.80 4.31 4.89 5.53 6.26 6.77 7.99
15 1.80 2.08 2.40 2.76 3.17 3.64 4.18 4.78 5.47 6.25 7.14 7.79 9.27
16 1.87 2.18 2.54 2.96 3.43 3.97 4.59 5.31 6.13 7.07 8.14 8.96 10.75
17 1.95 2.30 2.69 3.16 3.70 4.33 5.05 5.90 6.87 7.99 9.28 10.30 12.47
18 2.03 2.41 2.85 3.38 4.00 4.72 5.56 6.54 7.69 9.02 10.58 11.85 14.46
19 2.11 2.53 3.03 3.62 4.32 5.14 6.12 7.26 8.61 10.20 12.06 13.62 16.78
20 2.19 2.66 3.21 3.87 4.66 5.60 6.73 8.06 9.65 11.52 13.74 15.67 19.46
21 2.28 2.79 3.40 4.14 5.03 6.11 7.40 8.95 10.80 13.02 15.67 18.02 22.57
22 2.37 2.93 3.60 4.43 5.44 6.66 8.14 9.93 12.10 14.71 17.86 20.72 26.19
23 2.46 3.07 3.82 4.74 5.87 7.26 8.95 11.03 13.55 16.63 20.36 23.83 30.38
24 2.56 3.23 4.05 5.07 6.34 7.91 9.85 12.24 15.18 18.79 23.21 27.40 35.24
25 2.67 3.39 4.29 5.43 6.85 8.62 10.83 13.59 17.00 21.23 26.46 31.51 40.87
26 2.77 3.56 4.55 5.81 7.40 9.34 11.92 15.08 19.04 23.99 30.17 37.24 47.41
27 2.89 3.73 4.82 6.21 7.99 10.25 13.10 16.74 21.32 27.11 34.39 41.78 55.00
28 3.00 3.92 5.11 6.65 8.63 11.17 14.42 18.58 23.88 30.63 39.20 47.93 63.80
29 3.12 4.12 5.42 7.11 9.32 12.17 15.86 20.62 26.75 34.62 44.69 55.12 74.01
30 3.24 4.32 5.74 7.61 10.06 13.27 17.45 22.89 29.96 39.12 50.95 63.38 85.85
31 3.37 4.54 6.09 8.15 10.87 14.46 19.19 25.41 33.56 44.20 58.08 72.89 99.59
32 3.51 4.76 6.45 8.72 11.74 15.76 21.11 28.21 37.58 49.95 66.21 83.82 115.52
33 3.65 5.00 6.84 9.33 12.68 17.18 23.23 31.31 42.09 56.44 75.48 96.40 134.00
34 3.80 5.25 7.25 9.98 13.69 18.73 25.55 34.75 47.14 63.78 86.95 110.86 155.44
35 3.95 5.52 7.69 10.68 14.79 20.41 28.10 38.57 52.80 72.07 98.10 127.48 180.31
36 4.10 5.80 8.15 11.42 15.97 22.25 30.91 42.82 59.14 81.44 111.83 146.61 209.16
37 4.27 6.08 8.64 12.22 17.25 24.25 34.00 47.53 66.23 92.02 127.49 168.60 242.63
38 4.44 6.39 9.15 13.08 18.63 26.44 37.40 52.76 74.18 103.99 145.34 193.89 281.45
39 4.62 6.70 9.70 13.99 20.12 28.82 41.14 58.56 83.08 117.51 165.69 222.97 326.48
40 4.80 7.04 10.29 14.97 21.72 31.41 45.26 65.00 93.05 132.78 188.88 256.42 378.72
TABLE 2 EFFECTIVE ANNUAL YIELD BY NOMINAL RATE AND FREQUENCY OF
COMPOUNDING
continued
TABLE 2 EFFECTIVE ANNUAL YIELD BY NOMINAL RATE AND FREQUENCY OF
COMPOUNDING (CONTINUED)
TERM 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
AMOUNT YEAR YEARS YEARS YEARS YEARS YEARS YEARS YEARS YEARS YEARS YEARS YEARS YEARS YEARS YEARS
$100 8.70 4.52 3.13 2.44 2.03 1.75 1.56 1.41 1.30 1.21 1.14 1.08 1.03 .99 .96
200 17.39 9.04 6.26 4.88 4.05 3.50 3.11 2.82 2.60 2.42 2.27 2.16 2.06 1.98 1.91
300 26.08 13.56 9.39 7.31 6.07 5.25 4.66 4.23 3.89 3.62 3.41 3.23 3.08 2.97 2.87
400 34.78 18.07 12.52 9.75 8.09 6.99 6.21 5.63 5.19 4.83 4.54 4.31 4.11 3.97 3.82
500 43.47 22.59 15.64 12.18 10.11 8.74 7.77 7.04 6.48 6.04 5.68 5.38 5.13 4.96 4.78
600 52.16 27.11 18.77 14.62 12.13 10.49 9.32 8.45 7.78 7.24 6.81 6.46 6.16 5.95 5.73
700 60.85 31.62 21.90 17.05 14.15 12.23 10.87 9.85 9.07 8.45 7.95 7.53 7.19 6.94 6.69
800 69.55 36.14 25.03 19.49 16.18 13.98 12.42 11.26 10.37 9.66 9.08 8.61 8.21 7.93 7.65
900 78.24 40.66 28.15 21.92 18.20 15.73 13.97 12.67 11.66 10.86 10.22 9.68 9.24 8.92 8.61
1 000 86.93 45.17 31.28 24.36 20.22 17.47 15.53 14.08 12.96 12.07 11.35 10.76 10.26 9.91 9.56
2 000 173.86 90.34 62.56 48.71 40.43 34.94 31.05 28.15 25.91 24.13 22.70 21.51 20.52 19.83 19.11
3 000 260.79 135.51 93.83 73.06 60.65 52.41 46.57 42.22 38.86 36.20 34.04 32.26 30.78 29.74 28.67
4 000 347.72 180.68 125.11 97.41 80.86 69.88 62.09 56.29 51.81 48.26 45.39 43.02 41.04 39.65 38.23
5 000 434.65 225.84 156.39 121.76 101.08 87.35 77.61 70.36 64.76 60.33 56.73 53.77 51.30 49.57 47.78
6 000 521.57 271.01 187.66 146.12 121.29 104.82 93.13 84.43 77.71 72.39 68.08 64.52 61.55 59.48 57.34
7 000 608.50 316.18 218.94 170.47 141.50 122.29 108.66 98.50 90.66 84.45 79.42 75.28 71.81 69.39 66.90
8 000 695.43 361.35 250.22 194.82 161.72 139.76 124.18 112.57 103.62 96.52 90.77 86.03 82.07 79.31 76.45
9 000 782.36 406.52 281.49 219.17 181.93 157.23 139.70 126.64 116.57 108.58 102.11 96.78 92.33 89.22 86.01
10 000 869.29 451.68 312.77 243.52 202.15 174.70 155.22 140.71 129.52 120.65 113.46 107.54 102.59 99.13 95.57
continued
TABLE 3 AMORTIZATION TABLE: (CONTINUED)
MONTHLY PAYMENT NECESSARY TO AMORTIZE A LOAN AT 8%
TERM
AMOUNT 16 YEARS 17 YEARS 18 YEARS 19 YEARS 20 YEARS 21 YEARS 22 YEARS 23 YEARS 24 YEARS 25 YEARS
$100 .92 .90 .87 .85 .83 .82 .80 .79 .78 .77
200 1.84 1.79 1.74 1.70 1.66 1.63 1.60 1.58 1.55 1.53
300 2.76 2.68 2.61 2.54 2.49 2.44 2.40 2.36 2.33 2.29
400 3.67 3.57 3.47 3.39 3.32 3.25 3.20 3.15 3.10 3.06
500 4.59 4.46 4.34 4.24 4.15 4.07 3.99 3.93 3.87 3.82
600 5.51 5.35 5.21 5.08 4.98 4.88 4.79 4.72 4.65 4.58
700 6.43 6.24 6.07 5.93 5.80 5.69 5.59 5.50 5.42 5.35
800 7.34 7.13 6.94 6.78 6.63 6.50 6.39 6.29 6.19 6.11
900 8.26 8.02 7.81 7.62 7.46 7.32 7.19 7.07 6.97 6.87
1 000 9.18 8.91 8.68 8.47 8.29 8.13 7.98 7.86 7.74 7.64
2 000 18.35 17.82 17.35 16.94 16.57 16.25 15.96 15.71 15.48 15.27
3 000 27.52 26.72 26.02 25.40 24.86 24.37 23.94 23.56 23.21 22.90
4 000 36.70 35.63 34.69 33.87 33.14 32.49 31.92 31.41 30.95 30.53
5 000 45.87 44.53 43.36 42.33 41.42 40.62 39.90 39.26 38.68 38.17
6 000 55.04 53.44 52.03 50.80 49.71 48.74 47.88 47.11 46.42 45.80
7 000 64.22 62.34 60.70 59.26 57.99 56.86 55.86 54.96 54.15 53.43
8 000 73.39 71.25 69.37 67.73 66.27 64.98 63.84 62.81 61.89 61.06
9 000 82.56 80.15 78.04 76.19 74.56 73.11 71.81 70.66 69.62 68.69
10 000 91.74 89.06 86.72 84.66 82.84 81.23 79.79 78.51 77.36 76.33
TABLE 4 MONTHLY INTEREST FACTORS AT NOMINAL ANNUAL RATES,
INTEREST COMPOUNDED SEMI-ANNUALLY
4 .003 305 8904 8.875 .007 262 6831 13.75 .011 143 2522
4.125 .003 408 3260 9 .007 363 1231 13.875 .011 241 7802
4.25 .003 510 7094 9.125 .007 463 5130 14 .011 340 2602
4.375 .003 613 0406 9.25 .007 563 8530 14.125 .011 438 6923
4.50 .003 715 3196 9.375 .007 664 1431 14.25 .011 537 0764
4.625 .003 817 5466 9.50 .007 764 3832 14.375 .011 635 4128
4.75 .003 919 7215 9.625 .007 864 5735 14.50 .011 733 7014
4.875 .004 021 8445 9.75 .007 964 7141 14.625 .011 831 9423
5 .004 123 9155 9.875 .008 064 8049 14.75 .011 930 1355
5.125 .004 225 9347 10 .008 164 8461 14.875 .012 028 2811
5.25 .004 327 9021 10.125 .008 264 8377 15 .012 126 3791
5.375 .004 429 8178 10.25 .008 364 7797 15.125 .012 224 4297
5.50 .004 531 6818 10.375 .008 464 6722 15.25 .012 322 4327
5.625 .004 633 4941 10 1/5 .008 564 5152 15.375 .012 420 3883
5.75 .004 735 2549 10.625 .008 664 3089 15.50 .012 518 2966
5.875 .004 836 9642 10.75 .008 764 0532 15.625 .012 616 1575
6 .004 938 6221 10.875 .008 863 7482 15.75 .012 713 9712
6.125 .005 040 2285 11 .008 963 3940 15.875 .012 811 7377
6.25 .005 141 7837 11.125 .009 062 9906 16 .012 909 4570
6.375 .005 243 2875 11.25 .009 162 5381 16.125 .013 007 1292
6.50 .005 344 7401 11.375 .009 262 0365 16.25 .013 104 7543
6.625 .005 446 1416 11.50 .009 361 4858 16.375 .013 202 3325
6.75 .005 547 4919 11.625 .009 460 8863 16.50 .013 299 8636
6.875 .005 648 7912 11.75 .009 560 2378 16.625 .013 397 3478
7 .005 750 0395 11.875 .009 659 5404 16.75 .013 494 7852
7.125 .005 851 2369 12 .009 758 7942 16.875 .013 592 1758
7.25 .005 952 3834 12.125 .009 857 9993 17 .013 689 5196
7.375 .006 053 4791 12.25 .009 957 1557 17.125 .013 786 8166
7.50 .006 154 5240 12.375 .010 056 2634 17.25 .013 884 0670
7.625 .006 255 5182 12.50 .010 155 3225 17.375 .013 981 2708
7.75 .006 356 4617 12.625 .010 254 3331 17.50 .014 078 4280
7.875 .006 457 3546 12.75 .010 353 2952 17.625 .014 175 5387
8 .006 558 1970 12.875 .010 452 2088 17.75 .014 272 6030
8.125 .006 658 9889 13 .010 551 0740 17.875 .014 369 6208
8.25 .006 759 7303 13.125 .010 649 8909
8.375 .006 860 4214 13.25 .010 748 6596
8.50 .006 961 0622 13.375 .010 847 3799
8.625 .007 061 6527 13.50 .010 946 0522
8.75 .007 162 1929 13.625 .011 044 6762
Interest for one month on any amount may be obtained by multiplying that amount by this factor.
TABLE 5 6% COMPOUND INTEREST FACTORS