time value of money Flashcards
simple interest =
P.i.t
Accumulated value A =
P + SI
A = p(
A = P(1 + it)
CI =
CI = P[(1+i)power n - 1]
P =
CI/ [(1+ i)power n] -1
P =
CI/ [(1+ i)power n] -1
E =
E= [(1-i)power n ] -1
P = for finding difference
P = d x 100square/ r square
If r is the simple rate of interest, amount will get double in how many no. of years =
= 100/r
If r is the simple rate of interest, amount will get triple in how many no. of years =
= 200/r
If r is the compound rate of interest, amount will get double in how many no. of year
= 72/r
If r is the compound rate of interest, amount will get tripe in how many no. of years =
= 114/r
If difference between SI & CI is given for 3 yrs
P = d x 100cube/ r square (r + 300)
If a sum of deposited in a bank becomes A1 in t1 years and A2 in t2 years. Then the amount deposited initially will be
A2 x t1 - t2 x A1 / t1 - t2
If a sum of money becomes n times in t years, then it will become m times in how many no. of years
(m-1/n-1) x t years