EXAM 2 FORMULAS Flashcards
(40 cards)
FORMULA: FUTURE VALUE W SIMPLE INTEREST
F = P(1 + rt)
FORMULA: FUTURE VALUE W SIMPLE INTEREST
F = ?(1 + rt)
P
FORMULA: FUTURE VALUE W SIMPLE INTEREST
F = P(? + rt)
1
FORMULA: FUTURE VALUE W SIMPLE INTEREST
F = P(1 + ?)
rt
FORMULA: FUTURE VALUE W COMPOUND INTEREST
F = P(1 +i)^n
FORMULA: FUTURE VALUE W COMPOUND INTEREST
F = ?(1 +i)^n
P
FORMULA: FUTURE VALUE W COMPOUND INTEREST
F = P(? +i)^n
1
FORMULA: FUTURE VALUE W COMPOUND INTEREST
F = P(1 ?)^n
+i
FORMULA: FUTURE VALUE W COMPOUND INTEREST
F = P(1 +i)?
^n
i = ?
r/m
i = ?/m
r
i = r/?
m
r REPRESENTS
INTEREST RATE PER YEAR
m REPRESENTS
COMPOUNDING PERIODS PER YEAR
n = ?
mt
n = ?t
m
n = m?
t
t REPRESENTS
TIME IN YEARS
FORMULA: PRESENT VALUE W COMPOUND INTEREST FORMULA
P = ?(1 + i)^-n
F
FORMULA: PRESENT VALUE W COMPOUND INTEREST FORMULA
P = F(?+ i)^-n
1
FORMULA: PRESENT VALUE W COMPOUND INTEREST FORMULA
P = F(1 ?)^-n
+ i
FORMULA: PRESENT VALUE W COMPOUND INTEREST FORMULA
P = F(1 + i)?
^-n
FORMULA: PRESENT VALUE W COMPOUND INTEREST
P = F(1 + i)^-n
FORMULA: SINKING FUND
E = Fi/(1 + i)^n - 1