Keys:
"
@Æ
&@P
$!F
#
G
Example: An Annuity Account.
VXFFHVVIXO EXVLQHVV FDUHHU <RX KDYH DFFXPXODWHG D VDYLQJV RI
WKDW HDUQV DQ DYHUDJH RI
DQQXLW\ UHSHWLWLYH XQLIRUP ZLWKGUDZDO RI IXQGV ZLOO \RX UHFHLYH DW WKH
EHJLQQLQJ RI HDFK PRQWK LI \RX ZLVK WKDW VDYLQJV DFFRXQW WR VXSSRUW \RX
IRU WKH QH[W \HDUV"
PV = -400,000.00
Begin Mode
6HW WR %HJLQ PRGH 3UHVV
62 5: Time Value of Money Calculations
Display:
24.00
–2,000.00
–80.00
6.30
360.00
52,975.60
<RX RSW IRU DQ HDUO\ UHWLUHPHQW DIWHU D
DQQXDO LQWHUHVW FRPSRXQGHG PRQWKO\ :KDW
PMT = ?
2
. . .
I/YR = 7%
N = 600 (50
P/YR = 2
y
LI DQQXQFLDWRU LV QRW GLVSOD\HG
Description:
6HWV QXPEHU RI SHULRGV
SHU \HDU
6WRUHV LQLWLDO GHSRVLW
6WRUHV UHJXODU
VHPLPRQWKO\ GHSRVLWV
6WRUHV LQWHUHVW UDWH
6WRUHV QXPEHU RI
GHSRVLWV
&DOFXODWHV EDODQFH
5 9 9
2)
6 0 0
FV = 0