MCS 2100 Chapter Notes - Chapter 1-2: Interest, Current Liability

• School: University of Guelph
• Department: Marketing and Consumer Studies
• Course: MCS 2100
• Professor: Jian Zhou

Document Summary

Pv = present value i = interest rate n = number of time periods. **when compounding this more than once a year** Fv = pv(1 + i/m)^nm i = annual interest rate m = number of compounding periods per year n = number of years. Future value of annuity fv = ((1 + i)^n -1) / i. Pv = (1 (1 / (1 + i)^n)) / i. **future value of after a given number of time periods fv = pv(1 + i)^n. **future value of paid in at the end of each period for a given number of periods (putting in a 100 per month fo two years) Fv = [(1 + i)^n 1] / i. **present value of to be recieved at the end of a given number of time periods.