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Measure-Interest

Mon Jan 13, 2020 7:40 pm

NAME Measure-Interest



SYNOPSIS

Measures compound interest





SYNTAX

Measure-Interest [-InitialDeposit] <Double> [-Rate] <Double> [[-TimesCompoundedPerYear] <Double>]

[[-YearsInvested] <Double>] [<CommonParameters>]





DESCRIPTION

Measures compound interest, using the formula:







### P = C(1 + r/n)^nt







Where:



* P is the future value

* C is the initial deposit,

* r is the rate expressed as a fraction

* n is the number of times per year interest is compounded

* t is the number of years invested





PARAMETERS

-InitialDeposit <Double>

The initial deposit



Required? true

Position? 1

Default value 0

Accept pipeline input? false

Accept wildcard characters? false



-Rate <Double>

The rate, expressed as a percentage



Required? true

Position? 2

Default value 0

Accept pipeline input? false

Accept wildcard characters? false



-TimesCompoundedPerYear <Double>

The number of times interest is compounded per year

|Default 1



Required? false

Position? 3

Default value 1

Accept pipeline input? false

Accept wildcard characters? false



-YearsInvested <Double>

The number of years you keep the investment

|Default 1



Required? false

Position? 4

Default value 1

Accept pipeline input? false

Accept wildcard characters? false



<CommonParameters>

This cmdlet supports the common parameters: Verbose, Debug,

ErrorAction, ErrorVariable, WarningAction, WarningVariable,

OutBuffer, PipelineVariable, and OutVariable. For more information, see

about_CommonParameters (https:/go.microsoft.com/fwlink/?LinkID=113216).



INPUTS



OUTPUTS



-------------------------- EXAMPLE 1 --------------------------



PS C:\\>















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