"AST1CAL3 EQUATION VARIABLE","10-02-1993","12:07:52"
"FREQCONV=12/CMPERIOD NPERIODS=FREQCONV*NUMYEARS RATE%PER=ANNRATE%/FREQCONV PRESVAL=RND(ACCUMVAL*(1+RATE%PER/100)^-NPERIODS)"
"COMPOUND INTEREST, PRESENT VALUE.  The annual, or simple, rate of compounding is ANNRATE%, the compounding period in months is CMPERIOD. = 1/30for daily, = 1 for monthly, =3 for quarterly,=6 for semiannually,=12 for yearly.FREQCONV is the number of compoundings in one year. NPERIODS is number of       compounding periods in the term NUMYEARS.  RATE%PER is the nominal rate % per   compounding period. ACCUMVAL is the value of the PRESVAL after NUMYEARS of      compounding at a nominal annual rate of ANNRATE%.                               *** Answers to problems ***                                                     (a) Variables are set to proper values at entry.  PRESVAL=1825.55.                                                                                                            Type any key to exit.                                                                                                                                            ||$4,000 is due in 10 years at 8% compounded semiannually, what  is the present value?                                                                     Type comma key to see answers.   Type (F2) to return to helpfile.     ''(c) PCSCC, Inc., 1993"
8
2,0,""
20,0,""
4,0,""
1825.55,0,""
6,0,""
10,0,""
8,0,""
4000,0,""
1
0
0