Problem 56095. Compound Interest : Future Value

• Created by Mehmet OZC
• Appears in High School Challenge

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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.

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Solution Stats

67.59% Correct | 32.41% Incorrect

• 108 Solutions
• 72 Solvers

Last Solution submitted on Mar 16, 2025

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