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 Solvers78
Suggested Problems
-
27485 Solvers
-
Make a random, non-repeating vector.
11113 Solvers
-
243 Solvers
-
708 Solvers
-
Simple Interest : Calculate time in years
53 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!