Business Administration - Accounting & Financial Planning FIN401 Lecture Notes - Lecture 9: Armoured Fighting Vehicle
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Annual interest rate m = number of compounding periods per year. Annuities and perpetuities: an annuity is a finite series of equal and periodic cash flows, a perpetuity is an infinite series of equal and periodic cash flows, an ordinary annuity offers payments at the end of each period. Annuities: an annuity due or annuity in advance offers payments at the beginning of each period. Future value of an annuity of (fvifa) Present value of an annuity of (pvifa) A = pva/pvifa (appendix d: table approach, calculator: Problem 2 a (assgn #10: carrie tune will receive ,000 a year for the next 20 years as payment for a song she has just written. If a present 10 percent discount rate is applied: should she be willing to sell out her future rights now for. Problem 2c leasing problem: you are looking to lease a chrysler 300.