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Financial formulas
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| Words: 184 | Submitted: 21-Nov-2011
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Financial formulasPreview
Financial Formulas
Simple Interest Future Value
FV = PV * (1 + ( i * N ) ]
FV - future value (or maturity value)
PV - principal or present value
i - interest rate per period
N - number of periods
Simple Interest
I = PV * i * N
PV - principal or present value
i - interest rate per period
N - number of periods
Compound Interest Future Value
FV = PV * ( 1 + i )N
PV = present value
FV = future value (maturity value)
i = interest rate in percent per period
N = number of periods
Compounded Interest
i = FV - PV
PV = present value
FV = future value (maturity value)
i = interest rate in percent per period
Annuity
FV = PMT * [ ( ( 1 + i )N - 1 ) / i ]
...
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