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- FUTURE VALUE OF AN INVESTMENT
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- THIS PROGRAM GIVES THE FUTURE VALUE OF AN INVESTMENT KEPT
- FOR N PERIODS WITH INTEREST COMPOUNDED AT A RATE OF
- I % PER PERIOD. THE INPUT NEEDED TO RUN THE PROGRAM IS
- THE AMOUNT OF THE INVESTMENT, THE INTEREST RATE (AS A PER CENT)
- AND THE NUMBER OF PERIODS. IF DATA IS ANNUAL WITH FIXED
- NUMBER OF COMPOUNDINGS THEN PROGRAM WILL COMPUTE THE INTEREST
- RATE PER PERIOD.
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- PRESS ENTER TO BEGIN?
- IS INTEREST RATE QUOTED ANNUALLY WITH COMPOUNDING(Y/N)? Y
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- ANNUAL INTEREST RATE IN %? 3.75
- NUMBER OF COMPOUNDINGS ANNUALLY? 12
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- INTEREST RATE PER PERIOD = .3125 %
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- AMOUNT OF INVESTMENT ? 10000
- INTEREST RATE PER PERIOD: ? 7
- NUMBER OF PERIODS:? 24
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- FUTURE VALUE = 50723.7
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- PRESS 1 FOR MORE TRIALS, 0 TO END? 0
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