Financial Calculators
Financial Formulas
Simple Interest Future Value
FV = PV * (1 + ( i * N ) ]
FV – future value (or maturity value)
PV – principal or present value
i – interest rate per period
N – number of periods
Simple Interest
I = PV * i * N
PV – principal or present value
i – interest rate per period
N – number of periods
Compound Interest Future Value
FV = PV * ( 1 + i )^{N}
PV = present value
FV = future value (maturity value)
i = interest rate in percent per period
N = number of periods
Compounded Interest
i = FV – PV
PV = present value
FV = future value (maturity value)
i = interest rate in percent per period
Annuity
FV = PMT * [ ( ( 1 + i )^{N} – 1 ) / i ]
FV = future value (maturity value)
PMT = payment per period
i = interest rate in percent per period
N = number of periods
Simple Interest Amortized Loan Formula
PV * ( 1 + i )^{N} = PMT * [ ( 1 + i )^{N} – 1 ] / i
PMT = the payment per period
i = interest rate in percent per period
PV = loan / mortgage amount
N = number of periods
TeachMeFinance.com teaches you basic finance concepts
- Time Value of Money – Present Value, Future Value
- Annuities – The Present Value of an Annuity
- Perpetuities – The Present Value of a Perpetuity
- Kinds of Interest Rates – Nominal Rate, Periodic Rate, Effective Annual Rate (EAR)
- Future Value of an Uneven Cash flow
- Probability Distribution – Expected Rate of Return (ERR)
- Standard Deviation
- CAPM – Beta
- Security Market Line
- Bond Valuation – Par Value, Coupon Payments, Indenture, Present Value of a Bond
- Stock Valuation – Preferred Stock, Common Stock, The Constant Growth Formula
- Cost of Capital– Cost of Retained Earnings, Cost of Common Stock, Cost of Prefered Stock, Cost of Bonds
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Credit card calculator | Check how long it may take you to pay off your credit card if you only pay the ‘minumum payment’ and how by paying more, you can significantly reduce the time it takes to pay off your credit card debt. |
Multi-loan calculator | Check which of 3 options could best suit you. Includes paying off your loans faster, refinancing, or changing payments on selected loans. |
Statement of financial position | Check your financial position and overall financial capacity. |
For the following topics, see this link http://www.stgeorge.com.au/calculators/
Foreign Exchange | |
Foreign Currency Converter | Convert an amount of one currency to another. |
Savings | |
Budget Planner | Track and control your savings and expenses with the help of our detailed budget planner. |
Regular Savings | How much can I save? |
Planned Savings | What do I need to save? |
Fixed Term Savings | Setting up a term deposit? |
Savings Simulator | Calculate and graph your future savings including interest earned. |
Term Deposit | Calculate and graph your term deposits including interest rate. |
Personal Loan | |
Comparison Rates | Personal Loan comparison rate tables |
Repayments calculator | Personal Loan Repayment Calculator |
Sources:
Australian Government. 2009. Personal Finance. Retrieved July 07th, 2009 from http://www.australia.gov.au/topics/economy-money-and-tax/personal-finance
Commonwealth Bank of Australia. 2009. Tools & Calculators (personal finance). Retrieved July 07th, 2009 from http://www.commbank.com.au/personal/tools-calculators/#Budgetingandsaving
X INC Finance Brokers. 2009. Budgeting and Saving (diagram). Retrieved July 07th, 2009 from http://www.xinc.net.au/calculators/household_budget.html
Stgeorge Bank. 2009. Calculators. Retrieved July 07th, 2009 from http://www.stgeorge.com.au/calculators/
Kbapps.com. 2009. Financial Formulas. Retrieved July 07th, 2009 from http://kbapps.com/finance.html
TeachMeFinance.com. 2009. Basic Financial Concepts. Retrieved July 07th, 2009 from http://www.teachmefinance.com/
Wheatworks Software. 2007. Financial Formulas and Financial Equations. Retrieved July 07th, 2009 from http://www.math4finance.com/financial-formulas.php
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