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Simple Interest Future Value
FV = PV * (1 + ( i * N ) ]
FV - future value (or maturity value)
PV - principal or present value
i - interest rate per period
N - number of periods
Simple Interest
I = PV * i * N
PV - principal or present value
i - interest rate per period
N - number of periods
Compound Interest Future Value
FV = PV * ( 1 + i )N
PV = present value
FV = future value (maturity value)
i = interest rate in percent per period
N = number of periods
Compounded Interest
i = FV - PV
PV = present value
FV = future value (maturity value)
i = interest rate in percent per period
Annuity
FV = PMT * [ ( ( 1 + i )N - 1 )
/ i ]
FV = future value (maturity value)
PMT = payment per period
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
PMT = the payment per period
i = interest rate in percent per period
PV = loan / mortgage amount
N = number of periods
FINANCIAL CALCULATORS ONLINE
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