Interest_Calculations

# Interest_Calculations - Simple Interest Simple Interest and...

This preview shows pages 1–4. Sign up to view the full content.

Simple Interest Seite 1 Simple Interest and Bank Discount Investment PV 99.83 Period in days 28 Result 100.000 Interest year 366 Rate 2.251% Discount FV 100 Period in days 30 Result 99.76250 Interest year 360 Rate 2.8500% Discount into Investment Rate Result 2.8568% Investment into Discount Rate Result 2.24649%

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
Future Value One Time Payment: Payment (P) € 5,831.92 Compounding Interest calculation Period (n) 10 Years Result: € 11,207.03 Interest Rate (i) 6.75% Periods per Year 1 Example: Investing today 10.000 Euro for 20 Years with 6%. Value after 20 Years = 32.071,35 Euro Annuity Payment Payment (a) € 200 Period (n) 5 Years Result: € 15,197.96 Interest Rate (i) 9.00% Periods per Year 12 0 Example: Investing each month 100 Euro for 20 years with 6% = 46.204,09 Euro Future Value of an constant growing Annuity Annuity (a) € 2,000 Periods (n) 6 Years Result: € 67,740.52 Interest Rates p.a. (i) 8.00% Growth rate p.a. (g) 4.00% Periods per Year 4 Example: One Time Payment Ordinary Annuity = 1 Annuity Due = 0 n i PV FV ) 1 ( * + = i i a FV n 1 ) 1 ( * - + = ( 29 g i g i a P V n n - + - + = ) 1 ( ) 1 ( *
Periods per Year: 12 Periods: 40 Interest Rate 2% 4% 6% 7% 8% 9% 10% 11% 12% Payments 1,000 € 2,224 4,940 10,957 16,311 24,273 36,110 53,701 79,834 118,648 2,000 € 4,448 9,880 21,915 32,623 48,547 72,220 107,401 159,669 237,295 3,000 € 6,672 14,820 32,872 48,934 72,820 108,330 161,102 239,503 355,943 4,000 € 8,896 19,759 43,830 65,246 97,094 144,440 214,803 319,338 474,591 5,000 € 11,120 24,699 54,787 81,557 121,367 180,550 268,503 399,172 593,239 6,000 € 13,344 29,639 65,745 97,868 145,640 216,659 322,204 479,007 711,886 7,000 € 15,568 34,579 76,702 114,180 169,914 252,769 375,905 558,841 830,534 8,000 € 17,792 39,519 87,660 130,491 194,187 288,879 429,605 638,676 949,182 9,000 € 20,017 44,459 98,617 146,803 218,460 324,989 483,306 718,510 1,067,830 10,000 € 22,241 49,399 109,575 163,114 242,734 361,099 537,007 798,345 1,186,477 15,000 € 33,361 74,098 164,362 244,671 364,101 541,649 805,510 1,197,517 1,779,716 20,000 € 44,481 98,797 219,149 326,228 485,468 722,198 1,074,013 1,596,690 2,372,955 25,000 € 55,601 123,497 273,936 407,785 606,835 902,748 1,342,517 1,995,862 2,966,193 30,000 € 66,722 148,196 328,724 489,342 728,202 1,083,297 1,611,020 2,395,035 3,559,432 36,000 € 80,066 177,835 394,468 587,211 873,842 1,299,956 1,933,224 2,874,042 4,271,318 40,000 € 88,962 197,595 438,298 652,456 970,935 1,444,396 2,148,027 3,193,380 4,745,909 45,000 € 100,083 222,294 493,085 734,014 1,092,302 1,624,946 2,416,530 3,592,552 5,339,148 50,000 € 111,203 246,994 547,873 815,571 1,213,669 1,805,495 2,685,033 3,991,725 5,932,386 55,000 € 122,323 271,693 602,660 897,128 1,335,036 1,986,045 2,953,536 4,390,897 6,525,625 60,000 € 133,444 296,392 657,447 978,685 1,456,403 2,166,594 3,222,040 4,790,070

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

## This note was uploaded on 03/02/2011 for the course ECON 101 taught by Professor Xatzis during the Spring '11 term at Thessaloniki.

### Page1 / 22

Interest_Calculations - Simple Interest Simple Interest and...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online