Problem 56095. Compound Interest : Future Value

• Created by Mehmet OZC

×

Like (1)

Difficulty:

(55)

Rate

• Solve Later   
• Add To GroupÂ

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 F, given P, r and n. Round to the nearest cent.

Solve

Solution Stats

67.59% Correct | 32.41% Incorrect

• 108 Solutions
• 72 Solvers

Last Solution submitted on Mar 16, 2025

Last 200 Solutions

Solution Comments

ANNOUNCEMENT ×

Registration Now Open for MathWorks AUTOMOTIVE CONFERENCE 2025

Hello Community, We're excited to announce that registration is now open for the...

Problem Recent Solvers72

Suggested Problems

• What's Your BMI?

  305 Solvers

• The sum of the numbers in the vector

  614 Solvers

• Length of the hypotenuse

  14642 Solvers

• Create a vector

  10139 Solvers

• Divisible by 2

  574 Solvers

More from this Author92

• Get Next Combination

  12 Solvers

• Modular multiplicative inverse

  21 Solvers

• Peg Solitaire - Apply Move

  6 Solvers

• Recaman Sequence - II

  272 Solvers

• Low level NaN

  63 Solvers