CORPOR∫E FINANCIA小D MANA©EMEN」 PART II DETERMINANTS OF VALUATION (chapter 4-7) 州经怡贸易大号 UNW原s方C等NTE3风制U方男0G0Cs
CORPORATE FINANCIAL CORPORATE FINANCIAL MANAGEMENT MANAGEMENT PART II DETERMINANTS OF VALUATION (chapter 4-7)
Chapter 4 The Time Value of Money 渊外经价货多方是 YO年NEB证事00003
Chapter 4 Chapter 4 The Time Value of Money
Introduction Interest 2.Future Value and Present Value 3.Annuity 4.Uneven payment 剥外楂价贸多方号 YO年NEB证事00003
Introduction Introduction 1. Interest 2. Future Value and Present Value 3. Annuity 4. Uneven payment
Notation I to denote simple interest i to denote the interest rate per period n to denote the number of periods PMT to denote cash payment PV to denote the present value dollar amount t to denote time T to denote the tax rate PVo principal amount at time 0 FV=future value n time periods from time 0 渊外经价货多方是 A50年0LB50E00hN
Notation Notation I to denote simple interest i to denote the interest rate per period n to denote the number of periods PMT to denote cash payment PV to denote the present value dollar amount t to denote time T to denote the tax rate PV0 = principal amount at time 0 FVn = future value n time periods from time 0
1.Interest Simple Interest Interest paid on the principal sum only Compound Interest Interest paid on the principal and on prior interest that has not been paid or withdrawn O In Finance,Compound Interest is more important 渊补楂价贸多方号 YO年N0事0E000
5 1. Interest 1. Interest zSimple Interest – Interest paid on the principal sum only zCompound Interest – Interest paid on the principal and on prior interest that has not been paid or withdrawn zIn Finance, Compound Interest is more important