Precalculus Exponential and Logarithmic Functions Applications
Compound Interest
   Interactive Example 1

Statement 1
.
The compound amount if P dollars is deposited at a yearly rate of interest i compounded m times per year for n years is

Statement 2
.
The present value of A dollars at a rate of interest i compounded m times per year for n years is

 
Instructions. Choose the rate of interest, frequency of compounding, and investment period, and watch the future value of 1 dollar invested.

   
   
   
 


Copyright © 1998-2001 MathAid, LLC. All rights reserved.