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?

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- Jan 25th 2010, 09:02 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, 06:33 AMWilmer
WHAT are you trying to calculate: a loan payment?

- Jan 26th 2010, 06:44 AMe^(i*pi)
Compound interest formula is usually the best place to start

Where:

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

- Jan 26th 2010, 08:19 AMHellooo
- Jan 26th 2010, 10:30 AMWilmer