Interest
Principal
Interest Rate
Time
Interest
Equation
I = Interest
p = Principal
r = Interest rate
t = Time (in years)
I = prt I = p r t I = I = prt
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Future Value of Single Amount
Present Value
Interest Rate per Compounding Period
Number of Compounding Periods
Future Value
Equation
FV = Future Value
pv = Present value
i = Interest rate per compounding period
n = Number of compounding periods
FV = pv ( 1 + i ) n FV = pv ( 1 + i ) n FV = pv ( ) n FV = pv ( ) FV = FV = pv( 1+i )^{ n }
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Future Value of Annuity
Regular Deposit per Compounding Period
Interest Rate per Compounding Period
Number of Compounding Periods
Future Value
Equation
FV = Future Value
d = Deposit amount per compounding period
i = Interest rate per compounding period
n = Number of compounding periods
FV = d ( 1 + i ) n 1 i FV = d ( 1 + i ) n 1 i FV = d ( a ) n 1 i FV = d ( b ) 1 i FV = d 1 c i FV = e i FV = FV = d {( 1+i )^{n} - 1} over {i}
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Present Value of Single Amount
Future Value
Interest Rate
Number of Compounding Periods
Present Value
Equation
PV = Present Value
fv = Future value
i = Interest rate per compounding period
n = Number of compounding periods
PV = fv ( 1 + i ) n PV = fv ( 1 + i ) n PV = fv ( a ) n PV = fv b PV = PV = { fv } over { (1+i)^{n}
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Present Value of Annuity
Regular Withdrawal
Interest Rate
Number of Compounding Periods
Present Value
Equation
PV = Present Value
d = Deposit per compounding period
i = Interest rate per compounding period
n = Number of compounding periods
PV = d 1 1 ( 1 + i ) n i PV = d 1 1 ( 1 + i ) n i PV = d 1 1 ( a ) n i PV = d 1 1 ( b ) i PV = d 1 c i PV = d 1 e i PV = f i PV = PV = d {1 - {1} over {(1 + i)^{n}}} over { i }
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