How do you type the future value annuity formula?
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Does anyone know how to type the future value annuity formula into a mat lab script. I've tried a million different variations and none of them work correctly. This is the formula: http://www.financeformulas.net/Future_Value_of_Annuity.html
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David Sanchez
on 1 Sep 2013
P = periodic_payment;
r = rate_of_period;
n = number_of_periods;
FV_of_Annuity = P*( ( (1*r)^n-1 )/r );
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