exam fm formulas

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Last updated 6:24 PM on 8/31/26
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12 Terms

1
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<p>Increasing Annuity</p>

Increasing Annuity

CAN ALSO USE TVM

n = n

I/Y = i as a percentage

PMT = 1

FV = -n

CPT PV

Divide by i

Multiple by coefficient (if applicable)


<p>CAN ALSO USE TVM</p><p>n = n</p><p>I/Y = i as a percentage </p><p>PMT = 1</p><p>FV = -n</p><p>CPT PV </p><p>Divide by i </p><p>Multiple by coefficient (if applicable)</p><p></p>
2
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<p>Decreasing Annuity</p>

Decreasing Annuity

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3
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<p>Continuous Increasing Annuity</p>

Continuous Increasing Annuity

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4
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<p>Continuous Decreasing Annuity</p>

Continuous Decreasing Annuity

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5
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What is a spot rate

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6
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<p>Geometric Annuity</p>

Geometric Annuity

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7
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reall rate of interest

8
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Force of interest

9
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Amortization schedule important formulas

10
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Macaulay Duration of a level annuity immediate

11
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Macaulay Duration priced at par

12
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modified duration