document.write( "Question 983668: in finance, the future value of a single sum formula is useful when you want to know how much a given amount of your money will be worth at a given date in the future. The future value of a single sum is calculated using the formula
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document.write( "FV=PV(1+r)^n
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document.write( " where FV= future value, PV= present value, r= interest rate, and n= number of periods (e.g., years or months) on which the interest is calculated.
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document.write( "Rearrange the formula to solve for r \n" );
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Algebra.Com's Answer #604469 by MathLover1(20850)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " |