I would like to be able to calculate compound interest using a calculator as follows:
enter lump sum
enter interest rate
For example, if the lump sum is $100 and the interest rate is (a whopping!) 8%, I would do the following:
And then I will get the compounded sum after 5 years of compounding.Code:100 x 1.08 = = = = =
I can do this with the calculator in windows, but not with one I have found in GNU/Linux.
Can you recommend a calculator that can do this?