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MGF 1107 Exam 3 formulas with questions and answere

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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...

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  • uploaded  24-06-2024
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