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Financial Math - Coggle Diagram
Financial Math
Future value:
Lump sum, multiple periods, annual compound
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Lump sum, multiple periods, non-annual compound
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effective interest rate: actual interest rate earned on the investment due to interest being calculated more than once per year
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Series of investments, annuity, multiple periods of time
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Key:
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ie = effective interest rate (considers compounding interest, accurate)
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