when payments are more frequent than int is converted Flashcards

1
Q

An(m)

A

1-v^n/i^m

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2
Q

Sn(m)

A

(1+i)^n-1/i^m

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3
Q

perp immediate

A

1/i^m

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4
Q

pv due

A

1-v^n/d^m

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5
Q

av due

A

(1+i)^n-1/d^m

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6
Q

perp due

A

1/d^m

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7
Q

m

A

number of payment periods in 1 interest conversion period

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8
Q

n

A

term of annuity measured in icp

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9
Q

i

A

int rate/ icp

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10
Q

i^m

A

measure of int paid at each mth of icp

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