Appendix B: Reference Information 635
Financial FormulasFinancial FormulasFinancial FormulasFinancial Formulas
This section contains financial formulas for computing time value of money, amortization,
cash flow, interest-rate conversions, and days between dates.
Time Value of Money
Time Value of MoneyTime Value of Money
Time Value of Money
where: PMT =0
where
:PMT
y
x
C/Y
P/Y
I%
ƒ
=
=
=
=
=
0
C/Y ÷ P/Y
(.01 × I%) ÷ C/Y
compounding periods per year
payment periods per year
interest rate per year
ie
yx1+()ln×()
[]1=
iFV PV÷()
1N÷()
1=