Problem 56095. Compound Interest : Future Value
Theorem : Compound Interest
where,
- F : Future value at the end of n periods
- P : Present value
- r : Annual nominal rate
- n : Total number of compounding periods
Calculate F, given P, r and n. Round to the nearest cent.
Solution Stats
Solution Comments
Show commentsProblem Recent Solvers54
Suggested Problems
-
13068 Solvers
-
Find the sum of the elements in the "second" diagonal
1133 Solvers
-
Get the length of a given vector
10260 Solvers
-
341 Solvers
-
622 Solvers
More from this Author92
Problem Tags
Community Treasure Hunt
Find the treasures in MATLAB Central and discover how the community can help you!
Start Hunting!