This preview shows pages 1–6. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.
View Full DocumentThis preview has intentionally blurred sections. Sign up to view the full version.
View Full DocumentThis preview has intentionally blurred sections. Sign up to view the full version.
View Full Document
Unformatted text preview: Present Value of an Ordinary. 4 What Type of Problem is it? I will give the formulas on the exam. The trick is that you will need to know what type of calculation(s) is required to determine the answer. 5 Future Value of a Single Sum FV = PV (1+i) n PV is present value I is interest rate or rate of return N is the number of compounding periods (could be years, months etc.) Significance of time. Significance of return 6 Present Value of Single Sum PV = FV (1+i) n...
View
Full
Document
 Fall '08
 sloan
 Future Value

Click to edit the document details