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    Compound Interest

    Equation

    FV = PV (1 + i/12)^(12 n) | 
PV | present value
FV | future value
i | interest rate
n | interest periods
(assumes finite compounding)

    Input values

    future value | $1000.00 (US dollars)
interest rate | 6%
interest periods | 5

    Result

    present value | $741.37 (US dollars)

    Present value vs. interest rate

    Present value vs. interest rate

    Present value vs. interest periods

    Present value vs. interest periods

    Present value vs. future value

    Present value vs. future value

    Back to List | POWERED BY THE WOLFRAM LANGUAGE