Performance Task in Multimedia: Wayne Alvarez & Abegail Salinas

What is the formula for Simple Interest?

• Is = Prt

• Is = Pt/r

• Is = rt/P

• Is = Pr/t

What is the formula for Compound Interest?

• Ic = F + P

• Ic = F x P

• Ic = F - P

• Ic = F/P

What is the formula for Total no. of Conversion Periods?

• n = m + t

• n = m - t

• n = m/t

• n = mt

What is the variable for Future or Maturity Value?

• FM

• M

• F

• P

What is the variable for Principal or Present Value?

• F

• P

• PV

• PR

What is the variable for Frequency of Conversions?

• m

• n

• t

• r

What is the formula for Interest Rate per Period?

• j = i^m / m

• j = m / i^m

• j = i^m + m

• j = i^m - m

What is the formula for Maturity Value of Simple Interest?

• F = P - Ic

• P = F - Ic

• P = F + Ic

• F = P + Ic

What is the formula for Principal Value of Compound Interest?

• P = F / ( 1 + r )^t

• F = P / ( 1 + r )^t

• P = F + ( 1 + r )^t

• F = P - ( 1 + r )^t

What is the formula for Maturity Value of Compunding more than Once a Year?

• F = P ( 1 + i^m + m )^mt

• F = P ( 1 + i^m / m )^mt

• F = P ( 1 + i^m - m )^mt

• F = P ( 1 + i^m(m) )^mt