| Quick Reference: TVOM Formulas |
VARIABLES
Compound Interest
- PV - present value
- FV - future value
- i - interest rate (the nominal annual rate)
- n - number of compounding periods in the term
- PMT - periodic payment
- m - compounding frequency (compounding intervals per year)
- Y - number of years in term
Simple Interest
- P - principal (analogous to PV)
- S - amount (analogous to FV)
- r - interest rate (analogous to i)
- t - time (analogous to n)
- I - interest earned
Present Value (PV) - Simple Interest"> (1.01)
Discount Factor - Simple Interest"> (1.02)
Future Value (FV) - Simple Interest"> (1.03)
Accumulation Factor - Simple Interest"> (1.04)
Simple Interest Amount (I)"> (1.05)
Time - Exact (t)"> (1.06)
Time - Ordinary (t)"> (1.07)
Present Value (PV) - Single Sum"> (2.01)
Discount Factor - Compound Interest"> (2.02)
Continuous Compounding (PV) - Present Value"> (2.03)
Future Value (FV) - Single Sum"> (2.04)
Accumulation Factor - Compound Interest"> (2.05)
Continuous Compounding (FV) - Future Value"> (2.06)
Number of Periods (n) - Single Sum"> (2.07)
Interest Rate (i) - Single Sum"> (2.08)
Present Value (PV) - Ordinary Annuity"> (3.01)
Number of Periods (n) - Present Value of Annuity"> (3.02)
Payment (PMT) - Present Value of Annuity"> (3.03)
Interest Rate (i) - PV Annuity"> (3.04)
Future Value (FV) - Ordinary Annuity"> (3.05)
Number of Periods (n) - Future Value of Annuity"> (3.06.)
Payment (PMT) - Future Value of Annuity"> (3.07)
Interest Rate (i) - FV Annuity"> (3.08)
Annuity Due"> (3.09)
Perpetuity (PV Annuity)"> (3.10)
Interest Rate (i) - Effective"> (4.01)
Continuous Compounding (i) - Max Effective Interest Rate"> (4.02)
Natural Logarithm - Base Identity"> (5.01)
Natural Logarithm - Inverse"> (5.02)
Exponential Equation"> (5.03)
Fractional Exponent"> (5.04)
Receiprocal Exponent"> (5.05)
Yield on Discount Basis (YDB)"> (6.01)
Bond Equivalent Yield (BEY) for t <= 182"> (6.02)
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