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15
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PV = FV x ( 1 + i ) ^- n is the formula of ..
Compound interest
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15
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if compounded semi annually , what will happen to n & i ?
i/2 , n x 2
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15
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By using compound interest formula , How to get the Present value?
Future value x (1+ Interest rate ) ^ â number of period/Time
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15
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What is Discount
Reduction / Deduction on the future value.
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15
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Using simple interest , What is Present value formula ?
Present value = Future value â discount
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lifesaver
Give 25 points!
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shark
Other team loses 15 points!
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fairy
Take points!
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25
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thief
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15
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Using Simple interest , What is Discount Formula ?
Discount = Future value x Interest rate x Time
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20
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Future value is BD 3000 , Present value is D 2241.775 , How much is the discount ? ( Compound interest )
BD 758.225
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15
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What is Future value ?
The value due at the end of invested period (the value of loan at the commercial paper).
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15
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What is Present value ?
The value is due now before the due date ( the value will pay before due date).
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15
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By using Compound interest formula , How to get the Discount ?
Discount = Future value - Present Value
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15
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3000 x ( 1+ 6% ) ^ -5 =BD 2241.775 , What type of interest is here?
Compound interest
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15
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What is the other name of Future value ?
Face value
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lifesaver
Give 25 points!
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star
Double points!
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shark
Other team loses 10 points!
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baam
Lose 15 points!
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25
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A note has face value BD 2500 at compound interest rate 5% annually is converted to cash before 7 years. Find the present value
BD 1776.7
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trap
No points!
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shark
Other team loses 25 points!
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shark
Other team loses 15 points!
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thief
Give points!
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