Business math - formulas Flashcards
1
Q
Formula for simple interest
A
Is=Prt
2
Q
Formula for t (simple interest)
A
t= Is/Pr
3
Q
Formula for r (simple interest)
A
r=Is/Pt
4
Q
Formula for maturity / future value (simple interest)
A
F = P(1+rt)
F= P + Is
5
Q
Formula for principal value when future value is provided
A
P= F / (1+rt)
6
Q
Formula for r when future value is given
A
r = Is - P / Pt
7
Q
Formula for t when future value is given
A
t = F-P / Pt
8
Q
formula for future value (compound interest)
A
F= P(1+i/m)^mt
9
Q
formula for i m(n rt. F/P -1)
A
10
Q
Formula for the future value of continuous compound interest
A
F = Pe^rt
11
Q
Formula for r in continuous compound interest
A
r = ln(F/P)/t
12
Q
formula for t in continuous compound interest
A
t = ln(F/P)/ r
