Problem 56080. Simple Interest : Calculate Present Value

Created by Mehmet OZC

Solve Later

{"parts":[{"partUri":"/matlab/document.xml","contentType":"application/vnd.mathworks.matlab.code.document+xml","content":"<?xml version=\"1.0\" encoding=\"UTF-8\"?><w:document xmlns:w=\"http://schemas.openxmlformats.org/wordprocessingml/2006/main\"><w:body><w:p><w:pPr><w:pStyle w:val=\"text\"/><w:jc w:val=\"left\"/></w:pPr><w:r><w:t>Theorem : Simple Interest</w:t></w:r></w:p><w:p><w:pPr><w:pStyle w:val=\"text\"/><w:jc w:val=\"left\"/></w:pPr><w:customXml w:element=\"equation\"><w:customXmlPr><w:attr w:name=\"displayStyle\" w:val=\"true\"/></w:customXmlPr><w:r><w:t>F = P(1+rt)</w:t></w:r></w:customXml></w:p><w:p><w:pPr><w:pStyle w:val=\"text\"/><w:jc w:val=\"left\"/></w:pPr><w:r><w:t>where;</w:t></w:r></w:p><w:p><w:pPr><w:pStyle w:val=\"ListParagraph\"/><w:numPr><w:numId w:val=\"1\"/></w:numPr><w:jc w:val=\"left\"/></w:pPr><w:r><w:t>F : Future Value</w:t></w:r></w:p><w:p><w:pPr><w:pStyle w:val=\"ListParagraph\"/><w:numPr><w:numId w:val=\"1\"/></w:numPr><w:jc w:val=\"left\"/></w:pPr><w:r><w:t>P : Present Value</w:t></w:r></w:p><w:p><w:pPr><w:pStyle w:val=\"ListParagraph\"/><w:numPr><w:numId w:val=\"1\"/></w:numPr><w:jc w:val=\"left\"/></w:pPr><w:r><w:t>r : Annual simple interest rate (decimal)</w:t></w:r></w:p><w:p><w:pPr><w:pStyle w:val=\"ListParagraph\"/><w:numPr><w:numId w:val=\"1\"/></w:numPr><w:jc w:val=\"left\"/></w:pPr><w:r><w:t>t : Time in years</w:t></w:r></w:p><w:p><w:pPr><w:pStyle w:val=\"text\"/><w:jc w:val=\"left\"/></w:pPr><w:r><w:t>Calculate P, given F, r and t. Round to nearest cent.</w:t></w:r></w:p></w:body></w:document>","relationship":null}],"relationships":[{"relationshipType":"http://schemas.mathworks.com/matlab/code/2013/relationships/document","target":"/matlab/document.xml","relationshipId":"rId1"}]}

<div style = "text-align: start; line-height: 20.44px; min-height: 0px; white-space: normal; color: rgb(0, 0, 0); font-family: Menlo, Monaco, Consolas, monospace; font-style: normal; font-size: 14px; font-weight: 400; text-decoration: none solid rgb(0, 0, 0); white-space: normal; "><div style="block-size: 213.741px; display: block; min-width: 0px; padding-block-start: 0px; padding-top: 0px; perspective-origin: 406.997px 106.87px; transform-origin: 406.997px 106.87px; vertical-align: baseline; "><div style="block-size: 21.0018px; font-family: Helvetica, Arial, sans-serif; line-height: 21px; margin-block-end: 9px; margin-block-start: 2px; margin-bottom: 9px; margin-inline-end: 10px; margin-inline-start: 4px; margin-left: 4px; margin-right: 10px; margin-top: 2px; perspective-origin: 383.996px 10.5009px; text-align: left; transform-origin: 383.996px 10.5009px; white-space: pre-wrap; margin-left: 4px; margin-top: 2px; margin-bottom: 9px; margin-right: 10px; "><span style="block-size: auto; display: inline; margin-block-end: 0px; margin-block-start: 0px; margin-bottom: 0px; margin-inline-end: 0px; margin-inline-start: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; perspective-origin: 0px 0px; transform-origin: 0px 0px; "><span style="">Theorem : Simple Interest</span></span></div><div style="block-size: 21.0018px; font-family: Helvetica, Arial, sans-serif; line-height: 21px; margin-block-end: 9px; margin-block-start: 2px; margin-bottom: 9px; margin-inline-end: 10px; margin-inline-start: 4px; margin-left: 4px; margin-right: 10px; margin-top: 2px; perspective-origin: 383.996px 10.5009px; text-align: left; transform-origin: 383.996px 10.5009px; white-space: pre-wrap; margin-left: 4px; margin-top: 2px; margin-bottom: 9px; margin-right: 10px; "><span style="vertical-align:-5px"><img src="data:image/png;base64,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" width="88" height="18.5" style="width: 88px; height: 18.5px;"></span></div><div style="block-size: 21.0018px; font-family: Helvetica, Arial, sans-serif; line-height: 21px; margin-block-end: 9px; margin-block-start: 2px; margin-bottom: 9px; margin-inline-end: 10px; margin-inline-start: 4px; margin-left: 4px; margin-right: 10px; margin-top: 2px; perspective-origin: 383.996px 10.5009px; text-align: left; transform-origin: 383.996px 10.5009px; white-space: pre-wrap; margin-left: 4px; margin-top: 2px; margin-bottom: 9px; margin-right: 10px; "><span style="block-size: auto; display: inline; margin-block-end: 0px; margin-block-start: 0px; margin-bottom: 0px; margin-inline-end: 0px; margin-inline-start: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; perspective-origin: 0px 0px; transform-origin: 0px 0px; "><span style="">where;</span></span></div><ul style="block-size: 81.7555px; font-family: Helvetica, Arial, sans-serif; list-style-type: square; margin-block-end: 20px; margin-block-start: 10px; margin-bottom: 20px; margin-top: 10px; perspective-origin: 390.993px 40.8778px; transform-origin: 390.998px 40.8778px; margin-top: 10px; margin-bottom: 20px; "><li style="block-size: 20.4389px; display: list-item; margin-block-end: 0px; margin-block-start: 0px; margin-bottom: 0px; margin-inline-start: 56px; margin-left: 56px; margin-top: 0px; perspective-origin: 362.994px 10.2137px; text-align: left; transform-origin: 363px 10.2194px; white-space: pre-wrap; margin-left: 56px; "><span style="block-size: auto; display: inline; margin-inline-start: 0px; margin-left: 0px; perspective-origin: 0px 0px; transform-origin: 0px 0px; "><span style="">F : Future Value</span></span></li><li style="block-size: 20.4389px; display: list-item; margin-block-end: 0px; margin-block-start: 0px; margin-bottom: 0px; margin-inline-start: 56px; margin-left: 56px; margin-top: 0px; perspective-origin: 362.994px 10.2137px; text-align: left; transform-origin: 363px 10.2194px; white-space: pre-wrap; margin-left: 56px; "><span style="block-size: auto; display: inline; margin-inline-start: 0px; margin-left: 0px; perspective-origin: 0px 0px; transform-origin: 0px 0px; "><span style="">P : Present Value</span></span></li><li style="block-size: 20.4389px; display: list-item; margin-block-end: 0px; margin-block-start: 0px; margin-bottom: 0px; margin-inline-start: 56px; margin-left: 56px; margin-top: 0px; perspective-origin: 362.994px 10.2137px; text-align: left; transform-origin: 363px 10.2194px; white-space: pre-wrap; margin-left: 56px; "><span style="block-size: auto; display: inline; margin-inline-start: 0px; margin-left: 0px; perspective-origin: 0px 0px; transform-origin: 0px 0px; "><span style="">r : Annual simple interest rate (decimal)</span></span></li><li style="block-size: 20.4389px; display: list-item; margin-block-end: 0px; margin-block-start: 0px; margin-bottom: 0px; margin-inline-start: 56px; margin-left: 56px; margin-top: 0px; perspective-origin: 362.994px 10.2137px; text-align: left; transform-origin: 363px 10.2194px; white-space: pre-wrap; margin-left: 56px; "><span style="block-size: auto; display: inline; margin-inline-start: 0px; margin-left: 0px; perspective-origin: 0px 0px; transform-origin: 0px 0px; "><span style="">t : Time in years</span></span></li></ul><div style="block-size: 21.0018px; font-family: Helvetica, Arial, sans-serif; line-height: 21px; margin-block-end: 9px; margin-block-start: 2px; margin-bottom: 9px; margin-inline-end: 10px; margin-inline-start: 4px; margin-left: 4px; margin-right: 10px; margin-top: 2px; perspective-origin: 383.996px 10.5009px; text-align: left; transform-origin: 383.996px 10.5009px; white-space: pre-wrap; margin-left: 4px; margin-top: 2px; margin-bottom: 9px; margin-right: 10px; "><span style="block-size: auto; display: inline; margin-block-end: 0px; margin-block-start: 0px; margin-bottom: 0px; margin-inline-end: 0px; margin-inline-start: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; perspective-origin: 0px 0px; transform-origin: 0px 0px; "><span style="">Calculate P, given F, r and t. Round to nearest cent.</span></span></div></div></div>

Solve

Solution Stats

38 Solutions
30 Solvers

Last Solution submitted on Apr 19, 2023

Last 200 Solutions

Solution Comments

Show comments

Problem Recent Solvers30

Problem Tags

Community Treasure Hunt

Find the treasures in MATLAB Central and discover how the community can help you!

Start Hunting!

Problem 56080. Simple Interest : Calculate Present Value

Solution Stats

Last 200 Solutions

Solution Comments

Problem Recent Solvers30

Suggested Problems

More from this Author92

Problem Tags

Community Treasure Hunt

Problem 56080. Simple Interest : Calculate Present Value

Solution Stats

Last 200 Solutions

Solution Comments

Problem Recent Solvers30

Suggested Problems

More from this Author92

Problem Tags

Community Treasure Hunt

Players