Time value of money - SAS
TIME VALUE OF MONEY
IMPLEMENTING EXCEL FINANCIAL FUNCTIONS IN SAS USING PROC FCMP
PRESENTATION SYNOPSIS
1. Review of elementary financial concepts 2. Excel functions and their SAS equivalents 3. Using the Gauss-Newton algorithm in SAS
CASH FLOW DIAGRAM
FIVE ELEMENTS OF CASH FLOW DIAGRAM
1. Present value PV 2. Number of periods NPER 3. Rate of return RATE 4. Periodic payment PMT 5. Future value FV
PRESENT VALUE
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