| 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)
|
Copyright © 2002-2008 by David R. Frick & Co., CPA |
|