Posts

Showing posts from October, 2009

Useful Links

1 . Java Perfomance Tunning

Fixed Income

The Time Value of Money Present Value : How much you got now. Future Value: How much what you got now grows to when compounded at a given rate I give you Rs. 100. You take it to the bank. They will give you 10% interest per year for 2 year. · The Present Value = Rs. 100 · Future Value = Rs.121. FV= PV (1 + i )N · FV = Future Value · PV = Present Value · i = the interest rate per period · n= the number of compounding periods Determine Future Value Compounded Monthly What is the future value of Rs.34 in 5 years if the interest rate is 5%? (i equals .05 divided by 12, because there are 12 months per year. So 0.05/12=.004166, so i=.004166) · FV= PV ( 1 + i ) N · FV= Rs. 34 ( 1+ .004166 ) 60 · FV= Rs. 34 (1.283307) · FV= Rs.43.63. Annuity An Annuity is a bunch of structured payments or equal payments made regularly, like every month or every week. You win the lottery. The lottery guy comes to your house and says you have to choose between getting Rs. 1,000,000 now in one lump sum, or gett...