Agri-Food & Wine Business

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Further Enquiries:

School of Agriculture, Food & Wine
The University of Adelaide
SA 5005
AUSTRALIA
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Telephone: +61 8 8303 8149
Facsimile: +61 8 8303 7109

A Glossary of Agricultural and Farm Business Management Terms

Abbreviations

Acronyms

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diagram

Using the diagram: Establish what you have e.g. the amount of a loan received (a present value), find what you want
e.g. the monthly repayment (an annuity). Use the formula indicated by the arrows going from what you have to what you want. Ensure that the number of periods (say 60 months) and the interest rate are in the same terms (e.g. 1% or .01 per month.