Financial Maths

Descripción

HSC Maths Mapa Mental sobre Financial Maths, creado por Skye Boulton el 03/08/2013.
Skye Boulton
Mapa Mental por Skye Boulton, actualizado hace más de 1 año
Skye Boulton
Creado por Skye Boulton hace más de 11 años
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Resumen del Recurso

Financial Maths
  1. Annuities
    1. Future Value

      Nota:

      • A = M[(1+r)^r -1]/r
      1. Present Value

        Nota:

        • N = M[(1+r)^n-1]/r(1+r)^n or N = A/(1+r)^n
      2. Credit and borrowing
        1. Flat rate loans

          Nota:

          • Simple Interest I=Prn
          • Repayment Amount Total / number of payments
          • Interest charged Total = TP - Principal
          1. Reducing balance loans

            Nota:

            • - Uses tables & graphs - Interest is charged on what is owing which reduces the amount 
            1. Comparing loans

              Nota:

              • Compound interest rate E = (1+r)^n Effective interest rate
              1. Credit cards

                Nota:

                • Interest free period? Fees?
              2. Depreciation
                1. Modelling

                  Nota:

                  • Depreciation is the loss of value of an item
                  1. Straight Line

                    Nota:

                    • S = Vo - Dn S = Salvage value Vo = purchase price D = Amount of depreciation n = Total time periods
                    1. Reducing balance

                      Nota:

                      • S = Vo (1+r)^n
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