DON BOSCO TECHNICAL INSTITUTE-VICTORIAS

VICMICO, Victorias City, 6119 Negros Occidental, Philippines

Senior High School Department | School Year 2019–2020

Grospe, Irene Cristal Grade 12-Kowalski

SIMPLE INTEREST RATE OF A LOAN

iCB = Interest Paid 12
Proceeds of the loan Number of months
that the borrower may use that the firm has use of the proceeds

AMOUNT OF LOAN
The amount of the loan = Funds needed
1.0 - The stated rate of interest
(in decimal)
The amount of the loan = Funds needed
1.0 – origination fee
(in decimal)
COST OF TRADE CREDIT
iTC = Percentage discount 360
100% minus payment period minus
percentage discount discount period

THE FUTURE VALUE OF A DOLLAR

P0 x FVIF (I,N) = Pn

Where Soul Empowers Technology

 THE PRESENT VALUE OF A DOLLAR
P0 = Pn
(1 + i)n
Pn x PVIF (I,N) = P0

THE FUTURE VALUE OF AN ANNUITY OF A DOLLAR

PMT x FVAIF (I1+i) = FVA

Where Soul Empowers Technology

 THE PRESENT VALUE OF AN ANNUITY OF A DOLLAR
PMT x PVAIF (I,N) = PV

Where Soul Empowers Technology