Single Cash Flow PV FV (1+r)n FV = PV(1+r) n (1+r)" − 1 - · (1+r)n-1 FVA = PMT · FVAD = PMT * (1+r) r Annuity PVA = PMT r 1 1 1 1- (1+r)n PVAD = PMT (1+r)n * (1+r) r r r(1+r)n PMT = PV (1+r)n-1 Perpetuities PMT PVP = r 1г JL
Single Cash Flow PV FV (1+r)n FV = PV(1+r) n (1+r)" − 1 - · (1+r)n-1 FVA = PMT · FVAD = PMT * (1+r) r Annuity PVA = PMT r 1 1 1 1- (1+r)n PVAD = PMT (1+r)n * (1+r) r r r(1+r)n PMT = PV (1+r)n-1 Perpetuities PMT PVP = r 1г JL
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter12: Capital Investment Decisions
Section: Chapter Questions
Problem 11MCQ
Related questions
Question
Tina owes $12,000 on her automobile loan, which has an interest rate equal to 4.8 percent compounded monthly. If Tina pays $526 at the end of each month, how long will it take her to repay the loan? (LO 4-4)
please only use the formulas given in the picture. someone else tried to use log but it doesnt make sense.
Transcribed Image Text:Single Cash Flow
PV
FV
(1+r)n
FV = PV(1+r) n
(1+r)" − 1
-
·
(1+r)n-1
FVA = PMT ·
FVAD = PMT
*
(1+r)
r
Annuity
PVA = PMT
r
1
1
1
1-
(1+r)n
PVAD = PMT
(1+r)n
*
(1+r)
r
r
r(1+r)n
PMT = PV
(1+r)n-1
Perpetuities
PMT
PVP
=
r
1г
JL
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