namil.pptx - FRACTIONAL TINEM PERIODS The time made by a...

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FRACTIONAL TINEM PERIODS - The time made by a contestant in a race at the end of a fractional part (as a lap or a quarter mile) of the total distance covered.
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The time made by a contestant in a race at the end of a fractional part (as a lap or a quarter mile) of the total distance covered.
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Example: Calculate PV of 1000 at 5.20% interest in 18 months. FV= 1,000 i= 5.20% N= 18/12 = 1.5 years Solution: PV = FV (1 + r)^-N PV = 1,000 (1+.0520)^-1.5 PV = 1,000 (0.926779439) PV = 926.78
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Example Calculate the FV of 1000 at 5.20% interest in 15 months. PV = 1,000 I = 5.20% N = 18/12 = 1.5 years
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  • Summer '16
  • crispin espesor, mba
  • Interest, Mortgage loan, quarter mile

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