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 Solvers46
Suggested Problems
-
726 Solvers
-
5286 Solvers
-
Electrical Diode Current Calculation
608 Solvers
-
127 Solvers
-
48 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!