Problem 56075. Simple Interest : Calculate Future Value

Theorem : Simple Interest
where;
  • F : Future Value
  • P : Present Value
  • r : Annual simple interest rate (decimal)
  • t : Time in years
Calculate F, given P, r and t. Round to nearest cent.
Solve

Solution Stats

85.96% Correct | 14.04% Incorrect
Last Solution submitted on Jan 06, 2026

Problem Comments

Solution Comments

Show comments

Problem Recent Solvers44

Suggested Problems

More from this Author92

Community Treasure Hunt

Find the treasures in MATLAB Central and discover how the community can help you!

Start Hunting!