Future Value [r,n,t]

Last modified by

on

Jul 24, 2020, 6:28:07 PM

Created by

on

Feb 12, 2014, 7:38:15 AM

F V = p \cdot {(1 + (\frac{r}{n}))}^{n \cdot t}

$FV = {: "p" :}*({:1:}+({: "r" :}/{: "n" :}))^({: "n" :}*{: "t" :})$

Principal Value

$"Principal Value"$

Annual Interest Rate

$"Annual Interest Rate"$

Number of Years

$"Number of Years"$

Number Periods/Year

$"Number Periods/Year"$

Notes

P = principal amount (the initial amount you borrow or deposit)

r = annual rate of interest (as a decimal)

t = number of years the amount is deposited or borrowed for.

A = amount of money accumulated after n years, including interest.

n = number of times the interest is compounded per year

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