Fixed Interest - FV and PV
Last modified by
on
Jul 24, 2020, 6:28:07 PM
Created by
on
Nov 26, 2013, 7:30:03 PM
`i = ( (( "FV" )/( "PV" )) ^ ( 1/ "n" ) -1) `
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UUID | 5586893d-f930-11e2-968f-bc764e049c3d |
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This formula provides the annual fixed compounding interest rate based on a present and future value. The inputs are as follows:
- (PV) Present Value - is the initial value prior to compounding interest
- (FV) Future Value - is the ending value after compounding interest
- (n) the number of months compounding interest
Key words: Present Future Value Fixed Interest
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