Millionaire Mode

Interest and Discount Factors

Question 1 of 14

What is the formula for calculating the future value (FV) of a present value (PV) at a given interest rate (r) for a specified number of periods (n)?

  1. FV = PV * (1 + r)^n
  2. FV = PV * (1 - r)^n
  3. FV = PV * (1 + r/n)^n
  4. FV = PV * (1 - r/n)^n

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000