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Future value of compound interest

FV =PV ( 1+i )n
fv
PV

i=

Present value of compound interest


1+i n

fv
PV =

Future value of ordinary annuity


1+i n1

FVA=C x {

(1 i)T 1
FVA C

Coupon value of present value annuity


1+i n

1
1
PVAxi
C=

Present value of ordinary annuity


1+i n
/i
1
1
PVA=C x

1
1

(1 i ) n
PVA C
i

1
1

(1 i ) n
PVA C
i

x (1 i )

Present value of annuity due

* (1 r )
t
r r * (1 r )

PVA Cdue *

Effective annual return

EAR 1
m

PVPerpetuity

C
i

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