Pre Study Flashcards
1
Q
Future Value Formula
A
FV = PV(1+rate)^term
2
Q
Present Value Formula
A
Future Value / (1+rate)^term
3
Q
Rate formula
A
(Future value / present value)^(1/term)) - 1
4
Q
Years Formula
A
(LOG(Future Value / Present Value)) / (LOG(1+rate))