Theorem : Simple Interest
where;
- F : Future Value
- P : Present Value
- r : Annual simple interest rate (decimal)
- t : Time in years
Calculate P, given F, r and t. Round to nearest cent.
Solution Stats
Problem Comments
Solution Comments
Show comments
Loading...
Problem Recent Solvers49
Suggested Problems
-
24042 Solvers
-
Is this triangle right-angled?
6716 Solvers
-
229 Solvers
-
537 Solvers
-
Solve a System of Linear Equations
14683 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!