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version 0.0.1
Label:
May 22, 2013
Leave the unknown variable empty and jabacus will solve.
Factors
Present worth, value, or amount
P :
$
Future worth, value or amount
F :
$
Number of periods
N :
Interest rate per period
i :
%
Thinking...
Given Information
P = $1000
F = unknown
i = 5%
N = 10
Solution
(F/P,i%,N) = P * (1+i)
N
F = $1628.895
Summary
Total Payments = $16288.95
Total interest = $15288.95