Future Value - Single Amount (S) - Amount to be paid on the maturity date of the loan, at the end of the loan term (Number of periodic payment - n)

Future Value - Periodic Payment (S) - Amount equivalent to that paid in installments, at the specified rate, at the end of the loan term (Number of periodic payment - n)

Present Value (P) - The amount originally borrowed (Principal)

Periodic Payment Amount - Periodic payments of equal value (R), during a given number of periods (n), paid at the end of each period

Nominal Rate (i) - Total effective rate, including interest and inflation correction, charged at the end of each period (e.g.: for a rate of 2%, i = 0.02)

Formulas used:

Single Amount

Periodic Payment

Instructions

Select the type of calculation

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Click the "Calculate >>" button to see the result

If necessary, use the Interest Rate Converter, to calculate the total rate from the interest rate and inflation; as well as to convert the annual rate into rate per period and vice versa (e.g.: convert annual rate into monthly rate - 12 periods per year)

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