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Q179932: Encarta: Amount from Contribution Is Incorrect

Article: Q179932
Product(s): Microsoft Home Multimedia Titles
Version(s): MACINTOSH:; WINDOWS:; :
Operating System(s): 
Keyword(s): kbtool kbimu
Last Modified: 27-OCT-2000

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The information in this article applies to:

- Microsoft Encarta 98 Encyclopedia for Windows 
- Microsoft Encarta 98 Encyclopedia for Macintosh 
- Microsoft Encarta Encyclopedia 99 
- Microsoft Encarta Encyclopedia 2000 
- Microsoft Encarta Encyclopedia Deluxe 2001 for Windows 
- Microsoft Encarta Encyclopedia Standard 2001 for Windows 
- Microsoft Encarta Reference Suite 99 
- Microsoft Encarta Reference Suite 2000 
- Microsoft Encarta Reference Suite 2001 
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SYMPTOMS
========

When you use the Compound Interest InterActivity in Microsoft Encarta
Encyclopedia to determine the amount of time you need to save $1 million, the
dollar amount you type in the Monthly Contribution box multiplied by the number
of years the InterActivity calculates you need to save may not match the Amount
From Contribution calculated by the InterActivity.

CAUSE
=====

This behavior can occur because the InterActivity rounds up the number of years
you need to save to the nearest whole year. For example, if you need to save for
44 years and 2 months, the InterActivity calculates you need to save for 45
years to save $1 million.

MORE INFORMATION
================

The Amount From Contribution calculated by the InterActivity is equal to the
dollar amount you type in the Monthly Contribution box multiplied by the actual
number of months you need to save $1 million. If the number of months is equal
to a whole number of years, the discrepancy described in the Symptoms section
does not occur.

NOTE: Encarta Encyclopedia calculates the amount of time in full years. No months
are displayed in the results.

Additional query words: multi multi-media media mm deposit savings earning

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Keywords          : kbtool kbimu 
Technology        : kbHWMAC kbOSMAC kbHomeProdSearch kbHomeMMsearch kbEncartaSearch kbEncartaEncycSearch kbEncartaEnCyc2000 kbEncartaEnCyc1999 kbEncartaEnCyc1998Mac kbEncartaEnCyc1998 kbEncartaReference99 kbEncartaReference2000 kbEncartaReference2001
Version           : MACINTOSH:; WINDOWS:; :
Issue type        : kbprb

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