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**CONTINT**(//principal//,//rate//)

| **CONTINT** | Computes total continuously compounded interest. |
| //principal// | A numeric constant or variable containing the beginning balance, initial deposit, or loan. |
| //rate// | A numeric constant or variable containing the //applied interest rate// for the given time frame. |

**CONTINT **computes total continuously compounded interest based on a principal amount (//principal//) and an applied interest rate (//rate//). The returned amount includes the original principal plus the interest earned. Applied interest rate may be calculated as follows:

PeriodicRate = AnnualInterestRate / (PeriodsPerYear * 100)

AppliedRate = PeriodicRate * TotalPeriods

**Return Data Type:**     DECIMAL

**Internal Formulas:**

{{contint.jpg|CONTINT.jpg}}

**Example:**

**PeriodicRate = AnnualInterestRate / (PeriodsPerYear * 100) ! Setup Variables**

**ActualRate  = PeriodicRate * TotalPeriods**

**ContinuousInterestAmount = CONTINT(Principal,ActualRate)   ! Call CONTINT**