NON-ANNUAL COMPOUNDING (PRESENT VALUE) Flashcards
1
Q
PV = FVN ( 1+rs/m)^-mN
A
m = number of compounding periods per year
rs = quoted annual interest rate
N = number of years
QM - Prerequisite - M01 - Interest Rates, Present Value, and Future Value > NON-ANNUAL COMPOUNDING (PRESENT VALUE) > Flashcards
PV = FVN ( 1+rs/m)^-mN
m = number of compounding periods per year
rs = quoted annual interest rate
N = number of years
QM - Prerequisite - M01 - Interest Rates, Present Value, and Future Value (12 decks)