Zusammenfassung der Ressource
Financial
Maths
- Annuities
- Future Value
Anmerkungen:
- Present Value
Anmerkungen:
- N = M[(1+r)^n-1]/r(1+r)^n
or
N = A/(1+r)^n
- Credit and borrowing
- Flat rate
loans
Anmerkungen:
- Simple Interest
I=Prn
- Repayment Amount
Total / number of payments
- Interest charged
Total = TP - Principal
- Reducing balance loans
Anmerkungen:
- - Uses tables & graphs
- Interest is charged on what is owing which reduces the amount
- Comparing loans
Anmerkungen:
- Compound interest rate
E = (1+r)^n
Effective interest rate
- Credit cards
Anmerkungen:
- Interest free period?
Fees?
- Depreciation
- Modelling
Anmerkungen:
- Depreciation is the loss of value of an item
- Straight Line
Anmerkungen:
- S = Vo - Dn
S = Salvage value
Vo = purchase price
D = Amount of depreciation
n = Total time periods
- Reducing balance
Anmerkungen: