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Question

$1.00 FIN200 - Wk8 Checkpoint Time Value of Money

  • From Business: Finance
  • Closed, but you can still post tutorials
  • Due on Jan. 24, 2012
  • Asked on Jan 21, 2012 at 3:40:10PM
Asked by :
mommaG
mommaG
Rating (1):A+
Questions Asked: 22
Tutorials Posted: 5,
Earned: $21.00
 
 
Q:

Would like some help today with this simple assignment. Its already late, so it will be minimal points, but less than 30-pts for it is better than zero....so want to try to make any points count.

 

Thanks!


Checkpoint:
Time Value of Money

Due
Date:
January 20th

 

Available
Points


Points
Earned


Comments

Description of the
four time value of money concepts: present value, present value of an annuity,
future value, and future value of annuity

8

  

 

Describe the
characteristics of each concept

8

    

Provide an example of when each
would be used.

8

    

Format,
Grammar, Punctuation and 200-300 word count

6

  

 

Late
Penalty 10% per day

 

 

 

Total

30

  

 

Additional
Comments:
 

Available Tutorials to this Question
 
$1.00
"FIN200 - Wk8 Checkpoint Time Value of Money"
  • This tutorial was purchased 1 time and rated No Rating by students like you.
  • Posted on Jan 21, 2012 at 3:52:01PM
Posted by :
jlachance936
 
A:
Preview: ... ust save now?   The amount that I must save NOW is the present value of money.   Future value = present value * (1 rate of interest ) 6   750,000 = present value * (1 0.05) 6   750,000 = present value * (1.05) 6   750,000 = present value * 1.34   750,000/1.34= present value   Present value = 599,700       Present value of annuity   The present value of an annuity is calculated as   PV of annuity = annuity * annuity factor   The ...
The full tutorial is about 360 words long .