Calculations Flashcards
1
Q
Business Line of Credit
A
interest rate x MTR
2
Q
Student Loan
A
interest rate x tax credit rate
3
Q
Real Rate of Return
A
(1+ nominal rate / 1+ inflation rate) - 1
4
Q
Principal Residence Exemption Calculation
A
[(# years as PR + 1) x capital gain] / # years owned
5
Q
Calculating Bond Yield
A
coupon amount/sell price
6
Q
Additional CESG Calculation
A
-
7
Q
Yield to maturity calculation
A
[(Face value/Present Value)1/Time period] - 1
