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Unformatted text preview: : Quotient Property logaxy = logax logay : Power Property logaxy ylogax Chapter 5 : Simple Interest = I Prt o P is principal o r is rate of interest o t is time in years : Future or Maturity Value for Simple Interest = ( + ) A P 1 rt : Present Value for Simple Interest = + P A1 rt : Compound Amount = ( + ) A P 1 i n o = i rm o = n tm : Effective Rate r E = +-1 rm m 1 ( ): Future Value of an Annuity Sinking Fund = +-S R1 in 1i o S is the future value o R is the payment o i is the interest rate per period o n is the number of periods ( ): =-( + )-Present Value of an Annuity Amortization P R1 1 i ni o : Amortization Payments =- + -R Pi1 1 i n...
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This note was uploaded on 08/30/2011 for the course ECO 3401 taught by Professor Staff during the Spring '08 term at University of Central Florida.
- Spring '08