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Is this the right calculator to calculate, FV = 200 * [ (1 + 0.07/12)^(13*12) - 1 ] / (.07/12)

 May 25, 2015

Best Answer 

 #1
avatar+33616 
+5

Yes!

$${\mathtt{FV}} = {\frac{{\mathtt{200}}{\mathtt{\,\times\,}}\left[{\left({\mathtt{1}}{\mathtt{\,\small\textbf+\,}}{\frac{{\mathtt{0.07}}}{{\mathtt{12}}}}\right)}^{\left({\mathtt{13}}{\mathtt{\,\times\,}}{\mathtt{12}}\right)}{\mathtt{\,-\,}}{\mathtt{1}}\right]}{\left({\frac{{\mathtt{0.07}}}{{\mathtt{12}}}}\right)}} \Rightarrow {\mathtt{FV}} = {\mathtt{50\,666.157\: \!719\: \!730\: \!719\: \!797\: \!1}}$$

 

You can just copy and paste the right-hand side of your expression into the calculator on the home page here.

.

 May 25, 2015
 #1
avatar+33616 
+5
Best Answer

Yes!

$${\mathtt{FV}} = {\frac{{\mathtt{200}}{\mathtt{\,\times\,}}\left[{\left({\mathtt{1}}{\mathtt{\,\small\textbf+\,}}{\frac{{\mathtt{0.07}}}{{\mathtt{12}}}}\right)}^{\left({\mathtt{13}}{\mathtt{\,\times\,}}{\mathtt{12}}\right)}{\mathtt{\,-\,}}{\mathtt{1}}\right]}{\left({\frac{{\mathtt{0.07}}}{{\mathtt{12}}}}\right)}} \Rightarrow {\mathtt{FV}} = {\mathtt{50\,666.157\: \!719\: \!730\: \!719\: \!797\: \!1}}$$

 

You can just copy and paste the right-hand side of your expression into the calculator on the home page here.

.

Alan May 25, 2015

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