【正文】
FORMULAS FVt = PV0 x (1+r)t PV0 = FVt x (1+r)t PV of Perpetuity = C/r PV of Perpetuity Due = C + C/r PV of Perpetuity Delayed t years = (C/r) x (1+r)t PV of Annuity = (C/r) x [1 (1+r)t] PV of Annuity Due = C + (C/r) x [1 (1+r)(t1)] PV of Annuity Delayed by t years = (C/r) x [1 (1+r)t] x (1+r)t Future Value of Annuity = (C/r) x [(1+r)t 1] Future Value of Annuity Due = (C/r) x [(1+r)t 1] x (1+r) EAR = [1 + (APR/m)]m