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Wheatworks Software's Library of Financial Formulas
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We often receive questions about the financial formulas used in Wheatworks™ financial software. These are some of the most requested financial equations upon which our algorithms and economic formulas are based.
Financial Symbols
Financial formulas contain mathematical symbols or variables. The financial symbols used on this page include:
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N = Term in Number of Periods
g = Rate of Growth
m = Compounding Frequency
i or r = Interest Rate
PMT = Periodic Payment
FV = Future Value
FVs = Future Value of a Single Sum
PV = Present Value
CF = Cash Flow
j = jth Period
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Future Value of Cash Flow Series:
Net Present Value of Cash Flow Series:
Number of Payments:
Present Worth Cost of Cash Flow Series:
Present Worth Revenue of Cash Flow Series:
Future Value of Single Sum:
Future Value of Annuity:
Future Value of Annuity Due:
Convert IR from One Compounding Basis to Another:
Present Value of Single Sum:
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