Formulas and Tables

Present value of a future payment, PV = (2.5) Present value of an annuity, = (2.6) Present value of a perpetuity, = (2.7) PV of n cash flows ... (2.9) Loan amortization, L = (2.10) Loan amortization with balloon payment . B, L = + (2.11) Future value, including withdrawals, FV = (1 + r) n (2.12) Time to exhaust savings, n = (2.13) ... ................
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