topic badge
CanadaON
Grade 11

Future and Present Value

Outcomes

11U.C.3.3

Solve problems, using a scientific calculator, that involve the calculation of the amount, A (also referred to as future value, FV), the principal, P (also referred to as present value, PV), or the interest rate per compounding period, i, using the compound interest formula in the form A = P(1 + i)^n [or FV = PV(1 + i)^n]

11U.C.3.4

Determine, through investigation using technology, the number of compounding periods, n, using the compound interest formula in the form A = P(1 + i)^n [or FV = PV(1 + i)^n ]; describe strategies

What is Mathspace

About Mathspace