# Quarterly Compound Interest Calculator | CI Calculator

Compound interest is the interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan. Here is the online Quarterly compound interest calculator to calculate the quarterly CI. In this Compound interest calculator compounded quarterly, enter the required input values and submit to get the result. All the results given by this CI calculator are highly reliable. User friendliness is the key feature of this compound interest quarterly calculator.

## Compound Interest Calculator Compounded Quarterly

Compound interest is the interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan. Here is the online Quarterly compound interest calculator to calculate the quarterly CI. In this Compound interest calculator compounded quarterly, enter the required input values and submit to get the result. All the results given by this CI calculator are highly reliable. User friendliness is the key feature of this compound interest quarterly calculator.

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#### Formula:

Compound Interest = P(1 + (R / 400))^{4n}
Total Amount = Principal + Compound interest
**Where,**
p = Principal or Sum [P]
i = Rate % Per Annum [R]
y = Time Years [n]
### Example:

If a person deposits Rs. 8000 paying 8% interest for 6 years.What will be the compound interest, compounded quarterly?

#### Solution:

Compound Interest = 8000(1 + (8 / 400))^{4 x 6}

=12867.498

Total amount = 8000 + 12867.498

=20867.498