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Finance Equations

  1. Jan 7, 2006 #1
    URGENT! NEED IMMEDIATE HELP -- Finance Equations

    I need to figure out this finance calculator out almost immediately.

    http://fdc.mortgage101.com/content/...lators&article=1177&p=securitym&acctid=304592

    I need to know how the equations and formulas work on this page. I have not been able to figure out the exact equations for each output which is dependent upon the input.

    I have set up an excel document that I tried to figure out all of the equations in, but I wasnt very successful. Nonetheless, if you need a good place to work, the file is located here... http://www.pyropixel.com/upload/finance.xls

    And please do not use any of excel's built in functions, I need everything in algebraic forum.

    Thank you,
    Sitedesigner
     
  2. jcsd
  3. Jan 8, 2006 #2

    Tide

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    That definitely sounds like a homework assignment. What have you done so far? I also suggest digging into your textbook to dig out the "formulas." Understanding the principles (not principals) behind them would be even better. :)
     
  4. Jan 8, 2006 #3
    No TextBook :-\

    Just need to understand it, I have no background in finanace like this whatsoever.
     
  5. Jan 8, 2006 #4

    Tide

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  6. Jan 8, 2006 #5
    thanks

    thank you for that equation. could you help with any more of it?

    thanks
     
  7. Jan 8, 2006 #6

    Tide

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    Here's one:

    [tex]appreciated value = (1+appreciation rate)^{number of years} \times Start value[/tex]

    I suggest digging into some some business references to understand the basic principles for the rest of the assignment.
     
  8. Jan 8, 2006 #7
    are there any good business references online? I am having trouble finding anything.
     
  9. Jan 8, 2006 #8

    Tide

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    There probably are but I've never had need of one so I've never looked. Perhaps someone else can point the way.
     
  10. Jan 8, 2006 #9

    Astronuc

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    You're basically asking for an on-line course in basic economic analysis, which would be covered in a course on engineering economics, or similar course convering applied economics. I have not seen one, however look at these links particularly the last one.

    Here are some formulas.
    http://www.ce.memphis.edu/4111/FE Reference Pages.pdf

    Here are some notes.
    http://www.me.utexas.edu/~bard/ME353/topics.html

    You might find something useful here -
    » MIT OpenCourseWare » Sloan School of Management » Economic Analysis for Business Decisions, Fall 2004
    http://ocw.mit.edu/OcwWeb/Sloan-School-of-Management/15-010Fall-2004/LectureNotes/index.htm
     
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