Variables
Here are the variables used in the equations on Riscario (shown alphabetically).
(1)\begin{align} i = interest \; rate \end{align}
- effective interest rate in one period
- input as a decimal (e.g., 8% is input as 0.08)
\begin{align} n = number \; of \; periods \end{align}
- a period is usually a year, but could represent months or days
- can even be a decimal
page revision: 2, last edited: 07 Jul 2007 17:48