Perjury is considered a serious offense as it can be used to usurp the power of the courts, resulting in miscarriages of justice. In the United States, for example, the general perjury statute under Federal law classifies perjury as a felony and provides for a prison sentence of up to five years.
Effective interest rate for t periods, i t = (1 + i) t - 1 or as one equation i t = (1 + (r / m)) mt - 1. The rate per compounding period P = R / m, in percent.
Summary. 1  Compound interest is the amount that a dollar invested now will be worth in a given number of periods at a given compounded interest rate per period. Although Microsoft Excel does not include a function for determining compound interest, you can use the following formula for this calculation. =PV*(1+R)^N.