Pre Study Flashcards by Travis Wellik

Q

Future Value Formula

A

FV = PV(1+rate)^term

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Q

Present Value Formula

A

Future Value / (1+rate)^term

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Q

Rate formula

A

(Future value / present value)^(1/term)) - 1

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Q

Years Formula

A

(LOG(Future Value / Present Value)) / (LOG(1+rate))

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