Is there a way to distinguish between which formula to use for a financial problem that asks you to find the regular payment? The future value of an annuity or present value formula?

Printable View

- Jan 25th 2010, 08:02 PMHelloooFinancial Problem
Is there a way to distinguish between which formula to use for a financial problem that asks you to find the regular payment? The future value of an annuity or present value formula?

- Jan 26th 2010, 05:33 AMWilmer
WHAT are you trying to calculate: a loan payment?

- Jan 26th 2010, 05:44 AMe^(i*pi)
Compound interest formula is usually the best place to start

$\displaystyle A_t = A_0\left(1+\frac{x}{n}\right)^{nt}$

Where:

- A_t = Amount at time t
- A_0 = Inital amount
- x = annual interest rate
- n = compound period
- t = time

- Jan 26th 2010, 07:19 AMHellooo
- Jan 26th 2010, 09:30 AMWilmer