The Math Forum

Search All of the Math Forum:

Views expressed in these public forums are not endorsed by NCTM or The Math Forum.

Math Forum » Discussions » Inactive » comp.soft-sys.math.mathematica

Notice: We are no longer accepting new posts, but the forums will continue to be readable.

Topic: Re: [mg5059] Financial Problems
Replies: 0  

Advanced Search

Back to Topic List Back to Topic List  
Sherman Reed

Posts: 112
Registered: 12/7/04
Re: [mg5059] Financial Problems
Posted: Oct 25, 1996 10:19 PM
  Click to see the message monospaced in plain text Plain Text   Click to reply to this topic Reply

At 05:38 AM 10/23/96 +0000, you wrote:
>I have the student version of mathematica and the book"Mathematica by
>Example" which shows compoud interest etc. But I don't think any of the
>packages has functions for future of present value. Does anyone know
>anything about this?


I have the 1992 version of "Mathematica by Example"

page 210 shows a formula for the following. If P dollars are invested for t

at an annual interest rate of r% compounded m times per year, the compounded
amount, A(t) = P(1 + r/m)^mt. sounds like future worth to me. Examples follow

on pages 211 to 227.

hope that helps.

Sherman C. Reed

Point your RSS reader here for a feed of the latest messages in this topic.

[Privacy Policy] [Terms of Use]

© The Math Forum at NCTM 1994-2018. All Rights Reserved.