Compound Rent Calculator

Calculate Compound Rent





Formula

To calculate the Compound Rent (CR):

\[ CR = MR \times (1 + \frac{r}{100})^t \]

Where:

What is Compound Rent?

Compound rent measures the total rent accumulated over a period of time, considering the interest or return rate. It is calculated by multiplying the monthly rent by the compounded interest rate over the total number of years.

Example Calculation

Let's assume the following values:

Using the formula:

\[ CR = 1000 \times (1 + \frac{5}{100})^{10} = 1000 \times 1.62889 = 1628.89 \text{ dollars} \]

The Compound Rent is $1628.89.