Create your own problem for each of the following

 

a. Finding P given F d. Finding F given A

b. Finding F given P e. Finding A given P

c. Finding P given A f. Finding A given F

TABLE 4-3 Discrete Compounding-lInterest Factors and Symbols Factor by which to Multiply "Given"a Factor Functional To Find: Given: Factor Name Symbolb For single cash flows: (1+i)N Single payment compound F (F/P, i%, N) amount Single payment present worth P F (P/F, i%, N) (1+i)N For uniform series (annuities): (1+i)N1 Uniform series compound F A (F/A, i%, N) amount (1+i)N-1 i(1+i)N A Uniform series present worth (P/A, i%, N) A F Sinking fund (A/F, i%,N) (1+i)N-1 i(1+i)N (1+1)N-1 Capital recovery A P (A/P, i%, N) "i equals effective interest rate per interest period; N, number of interest periods; A, uniform series amount (occurs at the end of each interest period); F, future equivalent; P, present equivalent. b The functional symbol system is used throughout this book.