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 P, given F, r and n. Round to the nearest cent.
Solution Stats
Problem Comments
Solution Comments
Show comments
Loading...
Problem Recent Solvers53
Suggested Problems
-
Which values occur exactly three times?
5236 Solvers
-
10707 Solvers
-
2066 Solvers
-
Calculate Amount of Cake Frosting
28939 Solvers
-
658 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!