Exam (elaborations)
D076 Module 5 already graded A+ 2024/2025
- Course
- Institution
D076 Module 5 already graded A+ 2024/2025
[Show more]
Content preview
D076 Module 5rate - ANSInterest rate per period
nper - ANSnumber of payments in a annuity
pmt - ANSpayment made each period
pv - ANSPresent Value, a lump sum amount that a series of future payments is made
fv - ANSfuture value, or the cash balance you want to attain after the past payment is made
type - ANStype of annuity-0 indicates an ordinary annuity; 1 indicates an annuity due. default is
0
value1,[value2], - ANSvalue1 is the given first payment one period for today; value2 is the
second payment one period after value1. each payment must be equally spaced in time to occur
at the end of each period
Values - ANSAn array of reference to cells that contain numbers for which you want to calculate
the internal rate of return
=RATE(NPER, PMT, PV, [FV], [type], [guess]) - ANSReturns the interest rate per period
=NPER(RATE, PMT, PV, [FV], [type]) - ANSReturns the number of payment periods in an
annuity
=PMT(rate,nper,pv,[fv],[type]) - ANSReturns the payment made each period (this has to be an
annuity)
=PV(RATE, NPER, PMT, [FV], [type]) - ANSReturns the present Value, or lump sum amount that
a series of future payments is worth right now
=FV(rate,nper,pmt,[pv],[type]) - ANSFuture Value Function, or the cash balance you want
toattain after the last payment is made
=NPV(rate,value1,[value2],...) - ANSReturns the net present value of a series of future
payments with a given rate
=IRR(values,[guess]) - ANSinternal rate of return of a series of future payments
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Ashley96. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
62890 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now