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Math for Managers
book

Math for Managers

by Michael C. Thomsett
November 2018
Intermediate to advanced content levelIntermediate to advanced
286 pages
6h 47m
English
De Gruyter
Content preview from Math for Managers

Appendix A Summary of Formulas

Accumulated value of a series of deposits:

D×( ( 1+R ) n -1 )÷R=A
where: D=periodic deposit amount
R=periodic interest rate
n=number of periods
A=accumulated value

Adding fractions:

( n 1 × d 2 )+( d 1 × n 2 )= n a d 1 × n 2 = d a
where: n1=numerator, first fraction
d1=denominator, first fraction
n2=numerator, first fraction
d2=numerator, second fraction
na=numerator, answer
da=denominator, answer

After-tax return:

O×( 1T )=A
where: O=operating (pre-tax) profit
T=combined federal and state tax rate (in decimal form)
A=after-tax profit

Amortization:

C÷M=A
where: C=total cost
M=months to amortize
A=amortization per month

Annual compounding:

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Publisher Resources

ISBN: 9781547400652