Chapter 3 Time Value of Money - Kaplan

LEARNING OBJECTIVES. 1.1 Explain the concept of the time value of money. 1.2 Calculate the future value of a sum by compounding. 1.3 Calculate the present value (PV) of a single sum using formula. 1.4 Calculate the PV of a single sum using discount tables. 1.5 Calculate the PV of an annuity using formula. ................
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