Problem 56100. Compound Interest: Present 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 P, given F, r and n. Round to the nearest cent.
Solution Stats
Problem Comments
Solution Comments
Show commentsProblem Recent Solvers49
Suggested Problems
-
Replace NaNs with the number that appears to its left in the row.
3012 Solvers
-
1807 Solvers
-
207 Solvers
-
find "greatest common divisor" of two integer value
180 Solvers
-
Find the sides of an isosceles triangle when given its area and height from its base to apex
1975 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!