PV principal or present value FV future or maturity value

Last updated: 2/25/2023

PV principal or present value FV future or maturity value annual stated or nominal interest rate r t number of years m number of compounding periods per year interest rate per period n total number of compounding periods TE effective rate APY What is the difference between r and i The annual interest rate r is only equal to the interest rate per period i if interest is compounded otherwise i rxt 3 1 annually