Request TVM formula guidance
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12-24-2014, 05:17 AM
Post: #13
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RE: Request TVM formula guidance
Ran a test using the scenarios listed on page 17 of MathSand and results look good.
Using the full compliment of logarithms. I cut the number of pre-guess selections down to 6 of the best ones. Different TVM scenarios will call for the best choice, which is usually the Dieter formula. Dieter I have to ask: how did you determine that formula? Its awesome. 2 * (PV + N * PMT + FV) / (FV * (2*K-1.0+N) + PV * (2*K-1.0-N)) I'll post results. -matt |
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