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6 Cards in this Set
- Front
- Back
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Four variables in estimating the time-value of money
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- Starting amount
- Interest rate - Time - Future value *Can know three variables to find the fourth (e.g., how long to achieve goals?) |
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Future Value Formula:
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Present Value Formula
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% Interest Rate Formula
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Number of Years Formula
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Logarithm Basics
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b^x = a 10^2 = 100
As X = Log b a Log10100=2 OR log 100 = 2 |
