Lecture Notes on Time Value of Money

Be sure to consult the calculator’s manual!!!!! n [N] i [I/YR] PV PMT FV 10 5 10,000 0 ? NOTE: The future value will be negative, indicate an opposite direction of cash flow. 1. Set the calculator frequency to once per period. 2. Enter negative numbers using the [+/-] key, not the subtraction key. 3. Be sure the calculator … ................
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