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- 闀挎湡鎶曡祫鏃朵负浠€涔堣杩涜鍑€鐜板€艰绠楋紵
- 澶嶅埄鐜板€煎拰骞撮噾鐜板€兼湁浠€涔堝尯鍒紵
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绛夐鏀粯鐜板€煎叕寮忔帹瀵艰繃绋嬶紵
绛夐鏀粯鐜板€煎叕寮忔槸涓€绉嶇敤浜庤绠楃瓑棰濇敮浠樼幇鍊肩殑鏁板鍏紡锛屼篃绉颁负骞撮噾鐜板€煎叕寮忋€備互涓嬫槸绛夐鏀粯鐜板€煎叕寮忕殑鎺ㄥ杩囩▼锛?
鍋囪鎴戜滑瑕佽绠楃瓑棰濇敮浠樼幇鍊硷紝鍗充竴绯诲垪绛夐鏀粯鐨勯噾棰濆湪缁欏畾鐨勫埄鐜囦笅鐨勫綋鍓嶄环鍊笺€傚亣璁炬瘡鏈熸敮浠樼殑閲戦涓篜锛屾敮浠樻湡鏁颁负n锛屾瘡鏈熸敮浠樼殑鏃堕棿闂撮殧涓?鏈燂紝鍒╃巼涓簉锛堝亣璁句负骞村埄鐜囷級銆傛垜浠渶瑕佹壘鍒颁竴涓叕寮忔潵璁＄畻杩欎簺绛夐鏀粯鐨勭幇鍊笺€?
鐜板湪锛岃€冭檻绗竴绗旀敮浠橈紝鍦ㄧ涓€鏈熺粨鏉熸椂锛屽畠鐨勪环鍊煎皢鏄疨/(1+r)銆傚湪绗簩鏈熺粨鏉熸椂锛屽畠鐨勪环鍊煎皢鏄疨/(1+r)^2銆備互姝ょ被鎺紝鍦ㄧn鏈熺粨鏉熸椂锛屽畠鐨勪环鍊煎皢鏄疨/(1+r)^n銆?
鐜板湪锛屾垜浠皢姣忎釜鏈熸湯鐨勭幇鍊煎姞璧锋潵锛屽氨寰楀埌浜嗙瓑棰濇敮浠樼殑鐜板€笺€傛暟瀛︿笂琛ㄧず涓猴細
鐜板€?= P/(1+r) + P/(1+r)^2 + P/(1+r)^3 + ... + P/(1+r)^n
鎴戜滑鍙互瀵圭瓑寮忚繘琛屽彉褰紝浠ヤ究鏇存柟渚垮湴璁＄畻鐜板€笺€傛垜浠皢绛夊紡涓よ竟涔樹互(1+r)锛屽緱鍒帮細
(1+r) * 鐜板€?= P + P/(1+r) + P/(1+r)^2 + ... + P/(1+r)^(n-1)
鐜板湪锛屾垜浠皢杩欎釜绛夊紡涓庡師鏉ョ殑绛夊紡鐩稿噺锛屽緱鍒帮細
(1+r) * 鐜板€?- 鐜板€?= P + P/(1+r) + P/(1+r)^2 + ... + P/(1+r)^(n-1) - (P/(1+r) + P/(1+r)^2 + ... + P/(1+r)^n)
绠€鍖栧悗锛屽緱鍒帮細
r * 鐜板€?= P/(1+r)^n
鏈€鍚庯紝鎴戜滑灏嗙瓑寮忎袱杈归櫎浠锛屽緱鍒扮瓑棰濇敮浠樼幇鍊肩殑鍏紡锛?
鐜板€?= P * [1 - 1/(1+r)^n] / r
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闀挎湡鎶曡祫鏃朵负浠€涔堣杩涜鍑€鐜板€艰绠楋紵
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