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
-
9131 Solvers
-
Back to basics 21 - Matrix replicating
1784 Solvers
-
Make a random, non-repeating vector.
11113 Solvers
-
Duplicate each element of a vector.
634 Solvers
-
Calculate the area of a triangle between three points
3404 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!