Finite Math Examples

$p = 6000$ , $r = 1 %$ , $t = 5$

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.

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

Step 2

Simplify the result.

$F = 6306.0603006$

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