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Created page with "{{TOCright}} == Annuity Formula == FV = PMT * [ ( ( 1 + i )<sup>N</sup> - 1 ) / i ] <br>Where: * FV = future value (maturity value) * PMT = payment per period * i = interest ..." |
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== See also == | == See also == | ||
* [http://www.harmfrielink.nl/Finance/FinCalc.html Actuarial Finance Calculator], Harm's own Java Applet Version of Actuarial/Financial Interest Calculator. See the [[Financial Interest Calculations]] wiki for description and ''How to use''. | * [http://www.harmfrielink.nl/Finance/FinCalc.html Actuarial Finance Calculator], Harm's own Java Applet Version of Actuarial/Financial Interest Calculator. See the [[Financial Interest Calculations]] wiki for description and ''How to use''. | ||
* [http://www.kbapps.com/ | * [http://www.kbapps.com/index.php Actuarial calculator] at kbapps. | ||
* [http://www.toolsformoney.com Tools for money], Collection of calculators. | * [http://www.toolsformoney.com Tools for money], Collection of calculators. | ||
Revision as of 13:59, 13 November 2012
Annuity Formula
FV = PMT * [ ( ( 1 + i )N - 1 ) / i ]
Where:
- FV = future value (maturity value)
- PMT = payment per period
- i = interest rate in percent per period
- N = number of periods
Compound Interest Formula
FV = PV * ( 1 + i )N
Where:
- PV = present value
- FV = future value (maturity value)
- i = interest rate in percent per period
- N = number of periods
Simple Interest Amortized Loan Formula
PV * ( 1 + i )N = PMT * [ ( 1 + i )N - 1 ] / i
Where:
- PMT = the payment per period
- i = interest rate in percent per period
- PV = loan / mortgage amount
- N = number of periods
See also
- Actuarial Finance Calculator, Harm's own Java Applet Version of Actuarial/Financial Interest Calculator. See the Financial Interest Calculations wiki for description and How to use.
- Actuarial calculator at kbapps.
- Tools for money, Collection of calculators.