Chapter 12 Formulas Flashcards
1
Q
Amount
A
Original Principle x Amount per $1.00
2
Q
Interest Earned
A
Amount - Original Principle
3
Q
Effective Annual Yield
A
Annual Interest/Principle
4
Q
Cost of Stock
A
Number of Shares x Cost per Share
5
Q
Total Paid
A
Cost of Stock + Commission
6
Q
Total Annual Dividend
A
Annual Dividend per Share x Number of Shares
7
Q
Annual Yield (for stock dividends)
A
Annual Dividend per Share/Cost per Share
8
Q
Net Sale
A
Amount of Sale - Commission
9
Q
Profit
A
Net Sale - Total Paid
10
Q
Loss
A
Total Paid - Net Sale
11
Q
Bond Cost
A
Face Value x Percent
12
Q
Annual Yield (for bonds)
A
Annual Interest/Bond Cost
13
Q
Annual Interest
A
Face Value x Interest Rate
