Topics 3 & 4 · Interactive tool

Financial Formulas Calculator

The seven money formulas you'll meet in ALEKS, solved in any direction. Pick the formula, pick the missing letter, fill in the rest. Each letter keeps its colour, from the formula to its box to the answer.

01Pick a formula

Take it with you

Excel workbook

Same seven formulas, one sheet each. Forward calculation in each cell, with a Goal Seek tip for solving the missing variable. Use this for personal financial planning long after the course.

↓ Download .xlsx (~25 KB)

Variable legend

What the letters mean

P · principal  |  I · simple interest
r · annual rate (decimal)  |  t · time, in years
A · future value  |  n · periods/year
e · Euler's number (≈2.71828)  |  M · periodic deposit or monthly payment
Y · effective annual yield (APY)