Finance

Replies / Views	Last post
Future value interest factor (FVIF) uses $1.00 to calculate the $1.00 over time with a given ... Started by B	1 Replies 53 Views	Nov 11, 2019 by lou
John wants to have a $10 000 down payment for his car in three years. If he puts away $7,000 today ... Started by folubunmi	1 Replies 64 Views	Nov 11, 2019 by mjbamaung
To calculate the present value, all you need is the amount of money in the future, the interest ... Started by RODY.ELKHALIL	1 Replies 87 Views	Nov 11, 2019 by nothere
Your monthly life insurance payments due at the beginning of each month are an annuity due. Started by fahad	1 Replies 136 Views	Nov 11, 2019 by Chou
Your rental payment required at the beginning of each month is an annuity due. Started by kshipps	1 Replies 79 Views	Nov 11, 2019 by missalyssa26
Jill will have reached her goal of saving $23 000 to buy a car if she puts away $420 a month in a 7% ... Started by karateprodigy	1 Replies 137 Views	Nov 11, 2019 by skipfourms123
The effective rate of interest and compounding frequency have an inverse relation. Started by aabwk4	1 Replies 416 Views	Nov 11, 2019 by micaelaswann
The nominal interest rate is the actual rate of interest you earn or pay. Started by sammy	1 Replies 140 Views	Nov 11, 2019 by chevyboi1976
The effective interest rate is the stated or quoted interest rate by the financial institutions. Started by Beheh	1 Replies 127 Views	Nov 11, 2019 by wfdfwc23
The nominal interest rate is also called an annual percentage rate (APR). Started by RYAN BANYAN	1 Replies 69 Views	Nov 11, 2019 by ebenov
Present value of the first year is determined by the future value divided by (1 + i). Started by rayancarla1	1 Replies 37 Views	Nov 11, 2019 by kaylee05
The process of obtaining a present value is called discounting. Started by 809779	1 Replies 63 Views	Nov 11, 2019 by Expo
The concept of time value of money only applies to rare financial planning problems. Started by stock	1 Replies 61 Views	Nov 11, 2019 by harveenkau8139
Compound interest means earning interest on interest. Started by @Brianna17	1 Replies 79 Views	Nov 11, 2019 by Kjones0604
Dividend is the rent charged for the use of money. Started by Charlie	1 Replies 54 Views	Nov 11, 2019 by mrphibs
If you invested $10 000 when you turned 20 years of age and received a return of 11 percent ... Started by gbarreiro	1 Replies 58 Views	Nov 11, 2019 by coyin
The higher the interest rate, the lower the present value interest factor, other things being equal. Started by pragya sharda	1 Replies 128 Views	Nov 11, 2019 by joanwhite
The higher the interest rate, the higher the future value interest factor, other things being equal. Started by Marty	1 Replies 97 Views	Nov 11, 2019 by dominiqueenicolee
The longer the time period, the higher the present value interest factor, other things being equal. Started by NClaborn	1 Replies 79 Views	Nov 11, 2019 by Mollythedog
The shorter the time period, the lower the future value interest factor, other things being equal. Started by drink	1 Replies 77 Views	Nov 11, 2019 by ebe
Ten percent compounded quarterly with 10 years' investment means 40 compounding periods. Started by Lobcity	1 Replies 124 Views	Nov 11, 2019 by meryzewe
To convert the table from ordinary annuity to annuity due is to multiple the annuity payment by (1+ i). Started by MGLQZ	1 Replies 157 Views	Nov 11, 2019 by bitingbit
The present value of an annuity can be obtained by discounting the individual cash flows of an ... Started by james0929	1 Replies 78 Views	Nov 11, 2019 by wergv
Future value depends on the interest rate and number of years invested but is independent of the ... Started by Zulu123	1 Replies 139 Views	Nov 11, 2019 by wuly
Explain why an increase in your income does not necessarily mean an increase in net worth. Started by joblessjake	1 Replies 48 Views	Nov 11, 2019 by mcomstock09