Compound Interest — Mathematical Model
Calculate a mathematical final amount from a nominal annual rate and compounding frequency.
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Check dates, lists and numbers. At most 3,661 calendar days; rate 0–1000%; periods 0–1200. Principal must be positive and at most TRY 1 billion; result at most TRY 1 trillion. Use up to two decimal places for amounts and rates.
Calculation result
Method and scope
A = P × (1 + r / (100 × m))ⁿ. P is principal, r the nominal annual percentage, m periods per year, and n completed periods. With monthly compounding, 12 periods equal one year; do not enter years as the period count. Only the final amount is rounded to cents. No contributions, taxes or fees are included.
The result is not legally collectible interest. Turkish Code of Obligations Article 388 prohibits capitalization of loan interest; Commercial Code Article 8(2) provides a limited exception for specified commercial relationships and periods of at least three months. The monthly option is mathematical and does not satisfy that exception. Consumer and other special rules require separate review; the model is not applied to your contract automatically.
Sources
Sources checked: 3 November 2026