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Functional Notation

For a given interest rate (i), over a given term (N)


Find a Present Value (P/x excel PV);
P/F = F(P/F, i, N) Find the Present Equivalent, Given a Future Value
P/A = A(P/A, i, N) Find the Present Equivalent, Given an Annuity Value
Find an Anuity Value (A/x excel PMT);
A/P = P(A/P, i, N) Find the Annual Equivalent, Given a Present Value
A/F = F(A/F, i, N) Find the Annual Equivalent, Given a Future Value
Find a Future Value (F/x excel FV);
F/P = P(F/P, i, N) Find the Future Equivalent, Given a Present Value
F/A = A(F/A, i, N) Find the Future Equivalent, Given an Annuity Value

Methods of solving problems:


Direct calculation from formula eg F=P(1+i)N
Utilize Table Value for calculations
Computer program application eg excel, etc.

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