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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.
 Spring '11
 P.Ramanlal
 Finance, Future Value, Interest, Interest Rate

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