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2. Future value using Compound Interest example ( Enter your problem )
  1. Find Future value (FV) Example
  2. Find Present value (C) Example
  3. Find Interest Rate (i) Example
  4. Find Time (n) Example
Other related methods
  1. Future value using Simple Interest
  2. Future value using Compound Interest
  3. Future value of Annuity
  4. Future value of Annuity Due
  5. Present value using Simple Interest
  6. Present value using Compound Interest
  7. Present value of Annuity
  8. Present value of Annuity Due
  9. Contineous Compounding

1. Find Future value (FV) Example
(Previous example)
3. Find Interest Rate (i) Example
(Next example)

2. Find Present value (C) Example





1. Find Present value C = ?
Interest Rate i = 10%, Time n = 3 Year, Future value FV = 1331,
Interest compounded = Year (1/year)
for Future value using Compound Interest method


Solution:
`i=10%=0.1` per year (Interest rate)

`n=3` years (Number of periods)

`FV=1331` (Future value)

Now, Future value (Compound Interest) formula is
`FV=C*(1+i)^n`

`:.1331=C*(1+0.1)^3`

`:.1331=C*(1.1)^3`

`:.1331=C*(1.33)`

`:.C=1331/(1.33)`

`:.C=1000`
2. Find Present value C = ?
Interest Rate i = 10%, Time n = 2 Year, Future value FV = 6050,
Interest compounded = Year (1/year)
for Future value using Compound Interest method


Solution:
`i=10%=0.1` per year (Interest rate)

`n=2` years (Number of periods)

`FV=6050` (Future value)

Now, Future value (Compound Interest) formula is
`FV=C*(1+i)^n`

`:.6050=C*(1+0.1)^2`

`:.6050=C*(1.1)^2`

`:.6050=C*(1.21)`

`:.C=6050/(1.21)`

`:.C=5000`


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1. Find Future value (FV) Example
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3. Find Interest Rate (i) Example
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