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Laabri

U1 Warm-Up (10.13 or 10.14)

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Last updated almost 7 years ago
8 Nsɛmmisa
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Asemmisa {{asɛmmisaAhyɛnsode}}
1.

What formula do you use on Excel/Sheets when asked to find a payment for a loan? Write the formula out fully and with the correct notation.

Asemmisa {{asɛmmisaAhyɛnsode}}
2.

When using the =PMT formula for a loan is the present value zero or is the future value zero?

Asemmisa {{asɛmmisaAhyɛnsode}}
3.

What formula do you use on Excel/Sheets when asked to find a payment for a savings situation? Write the formula out fully and with the correct notation.

Asemmisa {{asɛmmisaAhyɛnsode}}
4.

When using the =PMT formula for a savings situation is the present value zero or is the future value zero?

Asemmisa {{asɛmmisaAhyɛnsode}}
5.

What formula do you use to find the effective rate or compare accounts with different compound periods?

Asemmisa {{asɛmmisaAhyɛnsode}}
6.

What formula do you need to use in order to find out how much you need to deposit as a lump sum today?

Asemmisa {{asɛmmisaAhyɛnsode}}
7.

What formula do you use in order to find what the account balance will be in a compound interest situation (except continuous)?

Asemmisa {{asɛmmisaAhyɛnsode}}
8.

What formula do you use in order to find what the account balance will be in a compound interest continuously situation?