Future Worth (F,A,i,N)
v0.0.1
Thinking...
Given Information
F = unknown
A = $10
i = 5%
N = 10
A = $10
i = 5%
N = 10
Solution
(F/A,i%,N) = A * ((1 + i)N - 1) / i
F = $125.779
Summary
Total Payments = $100
Total interest = $-25.78
Total interest = $-25.78