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The present value formula is the core formula for the time value of money; each of the other formulas is derived from this formula. For example, the annuity formula is the sum of a series of present value calculations. The present value (PV) formula has four variables, each of which can be solved for by numerical methods:
An asset depreciation at 15% per year over 20 years. In accountancy, depreciation refers to two aspects of the same concept: first, an actual reduction in the fair value of an asset, such as the decrease in value of factory equipment each year as it is used and wears, and second, the allocation in accounting statements of the original cost of the assets to periods in which the assets are used ...
A visual representation of the sampling process. In statistics, quality assurance, and survey methodology, sampling is the selection of a subset or a statistical sample (termed sample for short) of individuals from within a statistical population to estimate characteristics of the whole population.
The quadratic formula, which concisely expresses the solutions of all quadratic equations The Rubik's Cube group is a concrete application of group theory. [26] Algebra is the art of manipulating equations and formulas. Diophantus (3rd century) and al-Khwarizmi (9th century) were the two main precursors of algebra.
Cash flows are often transformed into measures that give information e.g. on a company's value and situation: to determine a project's rate of return or value. The time of cash flows into and out of projects are used as inputs in financial models such as internal rate of return and net present value.
If more than one formula is applicable in the flow regime under consideration, the choice of formula may be influenced by one or more of the following: Required accuracy; Speed of computation required; Available computational technology: calculator (minimize keystrokes) spreadsheet (single-cell formula) programming/scripting language (subroutine).
A rocket's required mass ratio as a function of effective exhaust velocity ratio. The classical rocket equation, or ideal rocket equation is a mathematical equation that describes the motion of vehicles that follow the basic principle of a rocket: a device that can apply acceleration to itself using thrust by expelling part of its mass with high velocity and can thereby move due to the ...
It is because the velocity corresponds to the lowering of the pressure. Since, in a pressure compounded steam turbine, only a part of the steam is expanded in each nozzle. The steam velocity is lower than in the previous case. It can be explained mathematically from the following formula i.e.