Finite Math Examples

p = 4000

$p = 4000$ ,

r = 1 %

$r = 1 %$ ,

t = 2

$t = 2$

Step 1

The future value of an investment can be calculated using the current value, a rate of interest, and the length of time of the investment.

F V = p {(1 + r)}^{t}

$F V = p {(1 + r)}^{t}$

Step 2

Simplify the result.

F = 4080.4

$F = 4080.4$

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[\begin{array}{c} x^{2} & \frac{1}{2} \\ \sqrt{π} & \int x d x \end{array}]

$[\begin{array}{c} x^{2} & \frac{1}{2} \\ \sqrt{π} & \int x d x \end{array}]$