Please enable JavaScript.

Coggle requires JavaScript to display documents.

Finance w2 - Coggle Diagram

- - - - a dollar today will buy more than a dollar in 10 yrs
    - - investing $1 today for 10 years, with a 5% int. means youll have $1.63. with 20%int you'll have $6.19
        
        in an investment there is the principal amount (the original investment, eg $100), the simple interest (interest on principal) (eg at 10% you'll earn $10 per year) and the interest on interest, which is x% (in our eg 10%) of the interest already earned. refer to diagram on slide 7
- - - - in excel type in " =FV(0.10,100,0,-1000) "
  - - - second to last slide for formula