Wolfram|Alpha

Computing...

Input information:

present and future value (continuous compounding) |  \npresent value | $3800  (US dollars)\ncontinuous interest rate | 6%\ninterest periods | 5


Result:

future value | $5129.46  (US dollars)


Equation:

FV = PV exp(i n) |   |  \nFV | future value\nPV | present value\ni | continuous interest rate\nn | interest periods\n(assumes continuous compounding)