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Formula For Sinking Fund Calculation Ideas #1 SlideShare

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Formula

for•mu•la (fôrmyə lə),USA pronunciation n., pl.  -las, -lae 
    (-lē′).USA pronunciation 
  1. a set form of words, as for stating or declaring something definitely or authoritatively, for indicating procedure to be followed, or for prescribed use on some ceremonial occasion.
  2. any fixed or conventional method for doing something: His mystery stories were written according to a popular formula.
    • a rule or principle, frequently expressed in algebraic symbols.
    • such a symbolic expression.
  3. an expression of the constituents of a compound by symbols and figures. Cf. empirical formula, molecular formula, structural formula.
  4. a recipe or prescription: a new formula for currant wine.
  5. a special nutritive mixture, esp. of milk, sugar, and water, in prescribed proportions for feeding a baby.
  6. a formal statement of religious doctrine.
  7. (cap.) a set of specifications as to weight, engine displacement, fuel capacity, etc., for defining a class of racing cars (usually followed by a limiting numerical designation): Some races are open to Formula One cars.

For

for (fôr; unstressed fər),USA pronunciation prep. 
  1. with the object or purpose of: to run for exercise.
  2. intended to belong to, or be used in connection with: equipment for the army; a closet for dishes.
  3. suiting the purposes or needs of: medicine for the aged.
  4. in order to obtain, gain, or acquire: a suit for alimony; to work for wages.
  5. (used to express a wish, as of something to be experienced or obtained): O, for a cold drink!
  6. sensitive or responsive to: an eye for beauty.
  7. desirous of: a longing for something; a taste for fancy clothes.
  8. in consideration or payment of;
    in return for: three for a dollar; to be thanked for one's efforts.
  9. appropriate or adapted to: a subject for speculation; clothes for winter.
  10. with regard or respect to: pressed for time; too warm for April.
  11. during the continuance of: for a long time.
  12. in favor of;
    on the side of: to be for honest government.
  13. in place of;
    instead of: a substitute for butter.
  14. in the interest of;
    on behalf of: to act for a client.
  15. in exchange for;
    as an offset to: blow for blow; money for goods.
  16. in punishment of: payment for the crime.
  17. in honor of: to give a dinner for a person.
  18. with the purpose of reaching: to start for London.
  19. contributive to: for the advantage of everybody.
  20. in order to save: to flee for one's life.
  21. in order to become: to train recruits for soldiers.
  22. in assignment or attribution to: an appointment for the afternoon; That's for you to decide.
  23. such as to allow of or to require: too many for separate mention.
  24. such as results in: his reason for going.
  25. as affecting the interests or circumstances of: bad for one's health.
  26. in proportion or with reference to: He is tall for his age.
  27. in the character of;
    as being: to know a thing for a fact.
  28. by reason of;
    because of: to shout for joy; a city famed for its beauty.
  29. in spite of: He's a decent guy for all that.
  30. to the extent or amount of: to walk for a mile.
  31. (used to introduce a subject in an infinitive phrase): It's time for me to go.
  32. (used to indicate the number of successes out of a specified number of attempts): The batter was 2 for 4 in the game.
  33. for it, See  in (def. 21).

conj. 
  1. seeing that;
    since.
  2. because.

Sinking

sink (singk),USA pronunciation v.,  sank  or, often, sunk;
sunk
  or sunk•en;
sink•ing;
 n. 
v.i. 
  1. to displace part of the volume of a supporting substance or object and become totally or partially submerged or enveloped;
    fall or descend into or below the surface or to the bottom (often fol. by in or into): The battleship sank within two hours. His foot sank in the mud. Her head sinks into the pillows.
  2. to fall, drop, or descend gradually to a lower level: The river sank two feet during the dry spell.
  3. to settle or fall gradually, as a heavy structure: The tower is slowly sinking.
  4. to fall or collapse slowly from weakness, fatigue, distress, etc.: He gasped and sank to his knees.
  5. to slope downward;
    dip: The field sinks toward the highway.
  6. to go down toward or below the horizon: the sun sinks in the west.
  7. to penetrate, permeate, or seep (usually fol. by in or into): Wipe the oil off before it sinks into the wood.
  8. to become engulfed or absorbed in or gradually to enter a state (usually fol. by in or into): to sink into slumber.
  9. to be or become deeply absorbed or involved in a mood or mental state (usually fol. by in or into): sunk in thought. She sank into despair.
  10. to pass or fall into some lower state, as of fortune, estimation, etc.;
    degenerate: to sink into poverty.
  11. to decline or deteriorate in quality or worth.
  12. to fail in physical strength or health.
  13. to decrease in amount, extent, intensity, etc.: The temperature sank to 30° at noon.
  14. to become lower in volume, tone, or pitch: Her voice sank to a whisper.
  15. to enter or permeate the mind;
    become known or understood (usually fol. by in or into): He said it four times before the words really sank in.
  16. to become concave;
    become hollow, as the cheeks.
  17. to drop or fall gradually into a lower position: He sank down on the bench.

v.t. 
  1. to cause to become submerged or enveloped;
    force into or below the surface;
    cause to plunge in or down: The submarine sank the battleship. He sank his fist into the pillow.
  2. to cause to fall, drop, or descend gradually.
  3. to cause to penetrate: to sink an ax into a tree trunk.
  4. to lower or depress the level of: They sank the roadway by five feet.
  5. to bury, plant, or lay (a pipe, conduit, etc.) into or as if into the ground.
  6. to dig, bore, or excavate (a hole, shaft, well, etc.).
  7. to bring to a worse or lower state or status.
  8. to bring to utter ruin or collapse: Drinking and gambling sank him completely.
  9. to reduce in amount, extent, intensity, etc.
  10. to lower in volume, tone, or pitch.
  11. to suppress;
    ignore;
    omit.
  12. to invest in the hope of making a profit or gaining some other return: He sank all his efforts into the business.
  13. to lose (money) in an unfortunate investment, enterprise, etc.
    • to throw, shoot, hit, or propel (a ball) so that it goes through or into the basket, hole, pocket, etc.: She sank the 10 ball into the side pocket.
    • to execute (a stroke or throw) so that the ball goes through or into the basket, hole, pocket, etc.: to sink a putt; to sink a free throw.
  14. sink one's teeth into: 
    • to bite deeply or vigorously.
    • to do or enter into with great enthusiasm, concentration, conviction, etc.: to sink my teeth into solving the problem.

n. 
  1. a basin or receptacle, as in a kitchen or laundry, usually connected with a water supply and drainage system, for washing dishes, clothing, etc.
  2. a low-lying, poorly drained area where waters collect and sink into the ground or evaporate.
  3. sinkhole (def. 2).
  4. a place of vice or corruption.
  5. a drain or sewer.
  6. a device or place for disposing of energy within a system, as a power-consuming device in an electrical circuit or a condenser in a steam engine.
  7. any pond or pit for sewage or waste, as a cesspool or a pool for industrial wastes.
  8. any natural process by which contaminants are removed from the atmosphere.
sinka•ble, adj. 
sinklike′, adj. 

Fund

fund (fund),USA pronunciation n. 
  1. a supply of money or pecuniary resources, as for some purpose: a fund for his education; a retirement fund.
  2. supply;
    stock: a fund of knowledge; a fund of jewels.
  3. funds, money immediately available;
    pecuniary resources: to be momentarily without funds.
  4. an organization created to administer or manage a fund, as of money invested or contributed for some special purpose.

v.t. 
  1. to provide a fund to pay the interest or principal of (a debt).
  2. to convert (general outstanding debts) into a more or less permanent debt, represented by interest-bearing bonds.
  3. to allocate or provide funds for (a program, project, etc.).

Calculation

cal•cu•la•tion (kal′kyə lāshən),USA pronunciation n. 
  1. the act or process of calculating; computation.
  2. the result or product of calculating: His calculations agree with ours.
  3. an estimate based on the known facts;
    forecast: Her calculation of the building costs proved quite accurate.
  4. forethought;
    prior or careful planning.
  5. scheming selfishness.

Ideas

i•de•a (ī dēə, ī dēə),USA pronunciation n. 
  1. any conception existing in the mind as a result of mental understanding, awareness, or activity.
  2. a thought, conception, or notion: That is an excellent idea.
  3. an impression: He gave me a general idea of how he plans to run the department.
  4. an opinion, view, or belief: His ideas on raising children are certainly strange.
  5. a plan of action;
    an intention: the idea of becoming an engineer.
  6. a groundless supposition;
    fantasy.
    • a concept developed by the mind.
    • a conception of what is desirable or ought to be;
      ideal.
    • (cap.) [Platonism.]Also called  form. an archetype or pattern of which the individual objects in any natural class are imperfect copies and from which they derive their being.
    • [Kantianism.]See  idea of pure reason. 
  7. a theme, phrase, or figure.
  8. [Obs.]
    • a likeness.
    • a mental image.
i•dea•less, adj. 

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