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
-
Project Euler: Problem 4, Palindromic numbers
1266 Solvers
-
Find the index of the largest value in any vector X=[4,3,4,5,9,12,0,4.....5]
399 Solvers
-
Rounding off numbers to n decimals
5510 Solvers
-
Calculate the average value of the elements in the array
1739 Solvers
-
Double all elements in the array
2279 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!