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Final_Exam_2009_Tables

# Final_Exam_2009_Tables - Formulae Simple Interest/Simple...

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Formulae Simple Interest/Simple Discount/Compound Interest (1) S = P (1 + rt ) Accumulated value at simple interest (2) P = S (1 - dt ) Discounted value at simple discount (3) S = P (1 + i ) n Accumulated value at compound interest (after n periods) (4) S = P ( 1 + j m m ) tm Accumulated value at interest compounded m times per year after t years (5) S = P e j t Accumulated value at interest compounded continuously (6) j = ( 1 + j m m ) m - 1 Effective annual rate of interest compounded m times per year (7) j = e j - 1 Effective annual rate of interest compounded continuously Ordinary Simple Annuity ( n payments of \$1 at per-period interest rate i ) Discounted Value A = value one period before first payment = a n i = 1 - (1 + i ) - n i Accumulated Value S = value immediately after n th payment = s n i = (1 + i ) n - 1 i Ordinary Simple Perpetuity (with payment R ) Discounted Value one period before first payment A = R i

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Amortization Method: to amortize A with n periodic payments of R at per-period interest rate i Outstanding balance B k immediately after the
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Final_Exam_2009_Tables - Formulae Simple Interest/Simple...

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