The following is the answer.
The present value of a series of payments with compound interest and payments at the end of a period can be found by the formula:PV = c * (1-(1+i)^(-n))/iwhere 'c' is the amount of the periodic payment,n is the number of periods, and i is the interest rate per period.Since you want to find the Present Value for payments starting at the beginning of the period, you would receive 1 payment of 2500 now, which would have a present value of 2500, plus the present value of 29 payments received at the end of the period:PV = 2500 + 2500 * (1-(1+.10)^(-29))/(0.10) = 25924.01
750 invested for 10 years at 10% pa would be 1,945
the formula for simple interest is I=PRT (interest=principal x rate x time )
All the terms are the same. If Y is the amount and r the percentage then the nth term is Y*r/100 for all n.
If the rate of annual interest is r% the period is n years and the amount invested is y Then the compound interest is y*(1+r/100)^n - y
Not enough information. You also need to know: * The final amount of money * Whether simple or compound interest is known
10000 x (1.08)2 = 11664
You can find compound interest calculators online on financial websites, as well as on banking or investment platforms. Additionally, many mobile apps are available that offer compound interest calculators for easy and convenient use on smartphones or tablets.
800 x (1.04)6 ie Rs1012.26
it is zero i'm a bad boy
creat a flowchart that will compute for the area and perimeter of a square?
google.com =)
Kat
simple interst is when you earn interest from your principal but compound interest is when you earn interest from your principal as well as from your previous interest
8iyuyiu
factorial