vv-7 - Examples (car buying) [watch the signs] Effective...

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Time lines to introduce FV = PV * (1+r) n PV = FV/(1+r) n Calculator button: 3 solve 4 : FV, PV, n i/y Examples (lottery) Annuities – don’t need to know formula Calculator button: 4 solve 5 : Same 4 buttons above plus PMT
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Unformatted text preview: Examples (car buying) [watch the signs] Effective yield (APY) : EY = (1 + i/m) m-1 TVM (PV =100, solve for FV) Annuities Due and beginning mode [pg 5-14, $40 over period 4 on the time lines] Personal applications of TVM...
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This note was uploaded on 04/07/2011 for the course BUS M 301 taught by Professor Jimbrau during the Winter '11 term at BYU.

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vv-7 - Examples (car buying) [watch the signs] Effective...

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