Martinndungu1986
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MGF 1107 Exam 3 formulas with questions and answere
Annual Return formula - (A/P) ^ 1/y - 1 
Compound Interest (annually) - I= P(1+APR)^Y 
Compound interest (continuously) - A= P x e^(apr x Y) 
Compound Interest (n times) - A = P (APR / N)^ny 
How to put e in calculator - 2nd --> ln 
Loan Payment formula - PMT = P(APR/N) / (1 - (1+ APR/N)^ -ny 
Savings Plan Formula - A= PMT (1+APR/n) -1 / (APR/N) 
Simple Interest Formula - I= P x R x T 
!! Always add total amount to principal !! 
Total interest paid formula - Payback total - Loan amount 
Total...
- Summary
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Annual Return formula - (A/P) ^ 1/y - 1 
Compound Interest (annually) - I= P(1+APR)^Y 
Compound interest (continuously) - A= P x e^(apr x Y) 
Compound Interest (n times) - A = P (APR / N)^ny 
How to put e in calculator - 2nd --> ln 
Loan Payment formula - PMT = P(APR/N) / (1 - (1+ APR/N)^ -ny 
Savings Plan Formula - A= PMT (1+APR/n) -1 / (APR/N) 
Simple Interest Formula - I= P x R x T 
!! Always add total amount to principal !! 
Total interest paid formula - Payback total - Loan amount 
Total...