1. ©G Dear 2009 – Not to be sold/Free to use
General Mathematics
Preliminary
Investing
Money
Compound Interest
Tables
Stage 6 - Year 11
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©G Dear 2009 – Not to be sold/Free to use

2. Compound Interest Tables (1/2)
We can use a table to calculate compound interest!
We can use a formula!
Compound
Value
Interest
Factor
Compounded
Value CV = PV x
CVIF
Present Value
Click in formula for meanings.
Example
Use the CVIF table to calculate the compounded value of $3000 invested at 7% p.a. for five years.
CV =
3000 x
1.403
= $4209
Table Trigger

3. Compound Interest Tables (2/2)
We can use a table to calculate present value! CV = PV x
CVIF
Example
Use the CVIF table to calculate the present value of with a compounded value of $4209 invested at 4% p.a. for four years, calculated 6 monthly.
4209 = PV x
1.172
÷1.172
÷1.172
PV = $
This is the amount we would need to invest.
Table Trigger