Problem 56080. Simple Interest : Calculate Present Value

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

Solution Stats

82.98% Correct | 17.02% Incorrect
Last Solution submitted on May 09, 2024

Problem Comments

Solution Comments

Show comments

Problem Recent Solvers38

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!