Calculator User Manual

Appendix B: Reference Information 635
Financial Formulas
Financial FormulasFinancial Formulas
Financial Formulas
This section contains financial formulas for computing time value of money, amortization,
cash flow, interest-rate conversions, and days between dates.
Time Value of Money
Time Value of MoneyTime Value of Money
Time Value of Money
where:
PMT = 0
where
:
PMT
y
x
C/Y
P/Y
I%
ƒ
=
=
=
=
=
0
C/Y ÷ P/Y
(.01 × I%) ÷ C/Y
compounding periods per year
payment periods per year
interest rate per year
ie
yx1+()ln×()
[]1–=
i
–
FV PV÷()
1 N÷()
1–=