Finite Math - Choosing Which Formula
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Exam 2
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5 Terms
1
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One time payment
Simple or Compound Interest
2
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Multiple payments - paying down/withdrawing - looking for E - given PV
Amortization - paying down original payment
3
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Multiple payments - saving up - looking for E - given FV (saving up to future value)
Sinking Fund
4
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Multiple payments - paying down/withdrawing - given E
PV Annuity
5
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Mulitple payments - saving up to FV - given E
FV Annuity
Note 
Flashcards (103)