Finance Flashcards

0
Q

Present Value

A

P = f / (i + 1)^n P: present value f: future value i: interest, as decimal n: # periods compounded

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1
Q

Future Value

A

FV = P * (i + 1)^n F: future value p: principal i: interest, as decimal n: # periods compounded

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2
Q

Compound Interest Rate

A

I = (f/p)^(1/n) - 1 I: interest f: future value p: present value n: # periods compounded

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3
Q

Number of Periods to Obtain a Future Value

A

N = (log(f) - log(p)) / log(i + 1)

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4
Q

Periodic Payment

A

Payment = (p * i) / (1 - (1 / (i + 1)^n)) p: principal i: interest, as decimal n: # payment periods

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5
Q

Future Value of Periodic Payments

A

FV = A * (((1 + i)^n - 1) / i)

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6
Q

LWDI

A

Lost Work Day Incident

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7
Q

OSHA Incidence Rate

A

(200,000 * # injuries requiring more than first aid) / total hours worked by all employees annually

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8
Q

Uniform Deposits to Achieve a Future Value

A

A = F [i / ((( 1 + i) ^ n) - 1)

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9
Q

Present Value of Uniform Deposits

A

P = A[(((1+i)^n) - 1) / (i(1+i)^n)]

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