Table of Contents
Advertisement
×
PMT G
=
FV
----------------------- -
i
ƒ
i
where:
0
FV
PV
PMT
= L(
+
i
where:
=0
Amortization
bal
If computing
bal
RND
Let
(0) =
m
Iterate from
= 1 to
RND RND12 – i bal m 1
[
=
I
m
( )
=
bal m
bal m 1
bal( )
then:
=
Prn
G
( ) =
Int
G
( ) =(
RND
where:
=round the display to the number of decimal
places selected
RND12
Balance, principal, and interest are dependent on the values of
pmt1
I/Y
, and
and
Cash Flow
NPV
=
CF
+
0
S
=
where:
j
i
Appendix — Reference Information
N
i
(
)
×
–
+
1
i
N
Q
)
pmt2
npmt
(),
=
PV
(
)
pmt2
(
×
(
) I
–
–
+
m
bal(pmt2)
bal
pmt2
bal
) N
(
pmt2
pmt1
N
+1) Q
=round to 12 decimal places
pmt2
.
N
∑
(
)
CF
1
+
i
j
j
=
1
j
∑
≥
n
j 1
i
=
1
=
0
j
0
×
PMT G
+
PV
----------------------- -
i
(
)
)
]
–
(
)
RND PMT
pmt1
(
)
RND
PMT
) N G
(
(
(
- S
–
+
1
1
–
1
----------------------------------
j
i
i
Prn
( )
- n
)
)
j
i
PMT
PV
,
,
87
Hide quick links:
Advertisement
Table of Contents
