Problem 56080. Simple Interest : Calculate Present Value
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 commentsProblem Recent Solvers38
Suggested Problems
-
381 Solvers
-
6817 Solvers
-
1094 Solvers
-
367 Solvers
-
calculate the tangent of angle in radians
135 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!