Академический Документы
Профессиональный Документы
Культура Документы
Time Value of
Money
Learning Goals
1 $100 -$50
2 800 100
3 1200 80
© Pearson Education Limited, 2015. 4 400 -60 5-8
Future Value of a Single Amount
PV (1 + 0.06) = $300
PV = CF ÷ r
Suppose you want to buy a house 5 years from now, and you
estimate that an initial down payment of $30,000 will be
required at that time. To accumulate the $30,000, you will wish
to make equal annual end-of-year deposits into an account
paying annual interest of 6 percent.