Section 5.1 Compound Interest - Texas A&M University
FV =future value (accummulated amount) P/Y = C/Y = m =the number of compounding periods per year. Move the cursor to the value you are solving for and hit ALPHA and then ENTER. 4. Find the present value of $40,000 due in 4 years at the given rate of interest. (Round answer to the nearest cent.) 10%/year compounded daily. N = I%= PV = PMT= FV ... ................
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