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
Problem Comments
Solution Comments
Show commentsProblem Recent Solvers66
Suggested Problems
-
Check that number is whole number
4157 Solvers
-
724 Solvers
-
153 Solvers
-
1281 Solvers
-
448 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!