GENERAL MATHEMATICS FORMULAS GENERAL MATHEMATICS FORMULAS GENERAL MATHEMATICS FORMULAS

 Simple Interest  Simple Interest  Simple Interest

o 𝐼 = 𝑃𝑅𝑇 o 𝐼 = 𝑃𝑅𝑇 o 𝐼 = 𝑃𝑅𝑇
I – interest I – interest I – interest
P – principal amount P – principal amount P – principal amount
R – interest rate R – interest rate R – interest rate
T – time/loan period T – time/loan period T – time/loan period

 Compound Interest  Compound Interest  Compound Interest

𝑟 𝑛𝑡 𝑟 𝑛𝑡 𝑟 𝑛𝑡
o 𝐹 = 𝑃 (1 + ) o 𝐹 = 𝑃 (1 + ) o 𝐹 = 𝑃 (1 + )
𝑛 𝑛 𝑛
F – future value F – future value F – future value
P – present value P – present value P – present value
R – annual interest rate R – annual interest rate R – annual interest rate
T – time/loan period T – time/loan period T – time/loan period
N – frequency of compounding N – frequency of compounding N – frequency of compounding

 Future Value of a Simple/General Ordinary  Future Value of a Simple/General Ordinary  Future Value of a Simple/General Ordinary
Annuity Annuity Annuity
(1+𝑖)𝑛−1 (1+𝑖)𝑛−1 (1+𝑖)𝑛−1
o 𝐹 = 𝑅[ ] o 𝐹 = 𝑅[ ] o 𝐹 = 𝑅[ ]
𝑖 𝑖 𝑖
F – future value F – future value F – future value
R – regular payment R – regular payment R – regular payment
I – interest rate per period I – interest rate per period I – interest rate per period
N – number of times the interest is compounded N – number of times the interest is compounded N – number of times the interest is compounded

 Present Value of a Simple/General Ordinary  Present Value of a Simple/General Ordinary  Present Value of a Simple/General Ordinary
Annuity Annuity Annuity
1−(1+𝑖)−𝑛 1−(1+𝑖)−𝑛 1−(1+𝑖)−𝑛
o 𝑃 = 𝑅[ ] o 𝑃 = 𝑅[ ] o 𝑃 = 𝑅[ ]
𝑖 𝑖 𝑖
F – present value F – present value F – present value
R – regular payment R – regular payment R – regular payment
I – interest rate per period I – interest rate per period I – interest rate per period
N – number of times the interest is compounded N – number of times the interest is compounded N – number of times the interest is compounded

 Equivalent Rates  Equivalent Rates  Equivalent Rates

𝑟 𝑛 𝑟 𝑛 𝑟 𝑛 𝑟 𝑛 𝑟 𝑛 𝑟 𝑛
o (1 + ) = (1 + ) o (1 + ) = (1 + ) o (1 + ) = (1 + )
𝑛 𝑛 𝑛 𝑛 𝑛 𝑛

 Annuity Due  Annuity Due  Annuity Due

1−(1+𝑖)−𝑛+1 1−(1+𝑖)−𝑛+1 1−(1+𝑖)−𝑛+1
o 𝐴𝑑𝑢𝑒 = 𝑅 [ + 1] o 𝐴𝑑𝑢𝑒 = 𝑅 [ + 1] o 𝐴𝑑𝑢𝑒 = 𝑅 [ + 1]
𝑖 𝑖 𝑖

Prepared by: Prepared by: Prepared by:

WENDY MAE G. LAPUZ, LPT WENDY MAE G. LAPUZ, LPT WENDY MAE G. LAPUZ, LPT
General Mathematics Instructor General Mathematics Instructor General Mathematics Instructor
GENERAL MATHEMATICS FORMULAS GENERAL MATHEMATICS FORMULAS GENERAL MATHEMATICS FORMULAS