The Cash Value Of Chemical Compound Interest

If n menstruation someone has to repay his loan of C alongside the calculation of involvement charge per unit of measurement i%/period too it turns out that someone is able to pay off his debt now, too thus it tin live said that the someone pay past times cash.

Formula of the cash value of chemical compound interest

Information :
CV = Cash Value
C = First capital
i = per centum of interest
n = period

The Problems illustration of the cash value of chemical compound interest

Determine the starting fourth dimension upper-case missive of the alphabet if the lastly value of the capital $17,262,804.24 afterwards the involvement charge per unit of measurement for iv years ix months alongside an involvement charge per unit of measurement of 8%/quarter!

Answer:
C = $ 17,262,804.24
i = 8% / kartal = 0.08 / quarter
n = iv years ix months = nineteen quarter

So the starting fourth dimension upper-case missive of the alphabet is $4,000,000.

Similarly this article.
Sorry if in that place is a incorrect word.
The halt of discussion wassalamualaikum wr. wb

Referensi :

To'Ali's mass math grouping accounting too sales