4 terms

CFA Level I - Quantitative methods - Solving for rates, payments

Solving for interest rates, annuities payments
Grwoth rate aka interest rate
The rate at which the money had grown from one year to another year is known as 'interest rate' or growth rate.
Computing Growth rate
G = ( ( fv / pv ) ^ 1/n) -1
Finding the number of periods (N)
(1+r)^n= FV/PV

log (1+r) (FV/PV) = n
To calculate N
N = ln(FV/PV) / ln(1+r)