Simple Interest Future Value-FIN6404

Simple Interest Future Value-FIN6404 - FV = future value...

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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
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Unformatted text preview: FV = future value (maturity value) i = interest rate in percent per period Annuity FV = PMT * [ ( ( 1 + i ) N- 1 ) / i ] FV = future value (maturity value) PMT = payment per period i = interest rate in percent per period N = number of periods Simple Interest Amortized Loan Formula PV * ( 1 + i ) N = PMT * [ ( 1 + i ) N- 1 ] / i PMT = the payment per period i = interest rate in percent per period PV = loan / mortgage amount N = number of periods...
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This note was uploaded on 10/01/2011 for the course FIN 6404 taught by Professor P.ramanlal during the Spring '11 term at University of Central Florida.

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