Re: Time Value of Money

To: CALC-TI@LISTS.PPP.TI.COM
Subject: Re: Time Value of Money
From: Tobin Fricke <tobin@SJI.ORG>
Date: Sat, 3 Oct 1998 11:59:02 -0700
In-Reply-To: <6v396p$53mi$1@news-inn.inet.tele.dk>
Organization: University of California, Berkeley
References: <19980928210208.25542.00000580@ng128.aol.com> <6v396p$53mi$1@news-inn.inet.tele.dk>
Reply-To: Tobin Fricke <tobin@SJI.ORG>
Xref: paladin.american.edu bit.listserv.calc-ti:25384

On Tue, 29 Sep 1998, Kasper Vibe Grevsen wrote:

> >I need a couple of programs for my TI85 to calculate the present value and
> future value of money.

This shouldn't be too difficult; a program would be overkill.

Assuming continuously compounded interest:

F(t)=F(0)e^(rt)

where
   F(t) is the future value
   F(0) is the present value
   e is the base of natural logarithms
   r is the rate
   t is the amount of time

Similarly, to find the present value of future money, just negate the
rate.

--------------------------------------------------------------------------
Tobin T. Fricke  |  tobin@sji.org  |  icq 2544656  |  Berkeley, California
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References:

From:

Re: Time Value of Money

From: Kasper Vibe Grevsen <removekaspervg@POST6.TELE.DK>

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