5-Day Compound Interest Calculator
Let’s assume an initial principal amount of $100 and an interest rate of 1% per day for simplicity. Here’s how the table might look:
Day | Principal Amount | Interest Earned | Total Amount |
---|---|---|---|
1 | $100.00 | $1.00 | $101.00 |
2 | $101.00 | $1.01 | $102.01 |
3 | $102.01 | $1.02 | $103.03 |
4 | $103.03 | $1.03 | $104.06 |
5 | $104.06 | $1.04 | $105.10 |