when payments are more frequent than int is converted Flashcards
1
Q
An(m)
A
1-v^n/i^m
2
Q
Sn(m)
A
(1+i)^n-1/i^m
3
Q
perp immediate
A
1/i^m
4
Q
pv due
A
1-v^n/d^m
5
Q
av due
A
(1+i)^n-1/d^m
6
Q
perp due
A
1/d^m
7
Q
m
A
number of payment periods in 1 interest conversion period
8
Q
n
A
term of annuity measured in icp
9
Q
i
A
int rate/ icp
10
Q
i^m
A
measure of int paid at each mth of icp