Dictionary of Real Estate Terms: compound amount of one per period
compound amount of one per period
the amount that a series of deposits of $1.00 per period would grow to if left on deposit with interest allowed to compound.
Example: See Table 12.
| TABLE 12 GROWTH OF ONE AND ONE PER PERIOD COMPOUNDED AT 8% INTEREST | ||
| Year | Compound Amount of 1 | Compound Amount of 1 per Period |
| 1 | 1.0800 | 1.0800 |
| 2 | 1.1664 | 2.2464 |
| 3 | 1.2597 | 3.5061 |
| 4 | 1.3605 | 4.8666 |
| 5 | 1.4693 | 6.3359 |
