Chapter 6 Flashcards
0
Q
FVSS
A
PVSS x (1+ i)n
1
Q
Rule of 72
A
72➗ i = n
2
Q
PVSS
A
=FVSS x [1 ➗ (1+i)n]
3
Q
Future Value Annuity
A
= annual deposit ✖️ [(1+i)n ➖1] ➗ i
FVSS
PVSS x (1+ i)n
Rule of 72
72➗ i = n
PVSS
=FVSS x [1 ➗ (1+i)n]
Future Value Annuity
= annual deposit ✖️ [(1+i)n ➖1] ➗ i