Fundamental Accounting Equation and Double Entry Principle
Discrete Compound Interest: Annual (yearly) compounding: F V = PV x (1 + i) n. Monthly compounding: F V = PV x (1 + (i / m) m x n. Continuous (or Exponential) Compound Interest: F V (Continuous compounding) = PV x e . i x n. Estimated current assets for the next year = [Current assets for the current year/Current sales] x Estimated sales for ... ................
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