New User Special Price Expires in

Let's log you in.

Sign in with Facebook


Don't have a StudySoup account? Create one here!


Create a StudySoup account

Be part of our community, it's free to join!

Sign up with Facebook


Create your account
By creating an account you agree to StudySoup's terms and conditions and privacy policy

Already have a StudySoup account? Login here

AAEC 2104, Week 4 Notes

by: Mara DePena

AAEC 2104, Week 4 Notes AAEC 2104

Mara DePena
Virginia Tech
GPA 3.62
View Full Document for 0 Karma

View Full Document


Unlock These Notes for FREE

Enter your email below and we will instantly email you these Notes for Personal Financial Planning

(Limited time offer)

Unlock Notes

Already have a StudySoup account? Login here

Unlock FREE Class Notes

Enter your email below to receive Personal Financial Planning notes

Everyone needs better class notes. Enter your email and we will send you notes for this class for free.

Unlock FREE notes

About this Document

These notes are brief (as there was only one note-based class this week) and cover time-value of money problems. These problems are simply inputted into the calculator. Instructions on how to do ...
Personal Financial Planning
Dr. White
Class Notes
Personal, finance, Time Value, Money, calculator, ti84, inflation, Interest, calculate, Future Value, Present Value, Lump Sum




Popular in Personal Financial Planning

Popular in Agricultural & Resource Econ

This 1 page Class Notes was uploaded by Mara DePena on Saturday February 13, 2016. The Class Notes belongs to AAEC 2104 at Virginia Polytechnic Institute and State University taught by Dr. White in Spring 2016. Since its upload, it has received 81 views. For similar materials see Personal Financial Planning in Agricultural & Resource Econ at Virginia Polytechnic Institute and State University.

Similar to AAEC 2104 at Virginia Tech

Popular in Agricultural & Resource Econ


Reviews for AAEC 2104, Week 4 Notes


Report this Material


What is Karma?


Karma is the currency of StudySoup.

You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!

Date Created: 02/13/16
AAEC 2104 CHAPTER 3: THE TIME VALUE OF MONEY  $1 today is worth more than $1 in the future o 3 main reasons:  Risk  You may not receive that $1 in the future  Inflation  Increase in the general price level  Opportunity cost  You can do things with that $1 today TIME VALUE PROBLEMS  Future value (lump sum)  Present value (lump sum)  Annuities and loan payments  Future value of annuities o Annuity- constant payment over a period of time o Dollars/year or dollars/month  Present value of annuities  Perpetuities-constant stream of payments, forever SECRETS TO TIME VALUE  Lump sum- Only 1 cash flow, a one-time event  Annuity- Series of cash flows  Present value (PV)- What it is worth today  Future value (FV)- What it will be worth in the future  Rule of 72- Estimates how long it takes your money to double. Take the number 72 and divide it by the rate of return. TIME VALUE IN A TI-84 CALCULATOR  Apps -> finance -> tVM calculator -> alpha -> enter (solve)  N=total number of periods  I=rate of return  PV=how much you are investing today (present value)  PMT=payment  FV=future value


Buy Material

Are you sure you want to buy this material for

0 Karma

Buy Material

BOOM! Enjoy Your Free Notes!

We've added these Notes to your profile, click here to view them now.


You're already Subscribed!

Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'

Why people love StudySoup

Jim McGreen Ohio University

"Knowing I can count on the Elite Notetaker in my class allows me to focus on what the professor is saying instead of just scribbling notes the whole time and falling behind."

Jennifer McGill UCSF Med School

"Selling my MCAT study guides and notes has been a great source of side revenue while I'm in school. Some months I'm making over $500! Plus, it makes me happy knowing that I'm helping future med students with their MCAT."

Steve Martinelli UC Los Angeles

"There's no way I would have passed my Organic Chemistry class this semester without the notes and study guides I got from StudySoup."

Parker Thompson 500 Startups

"It's a great way for students to improve their educational experience and it seemed like a product that everybody wants, so all the people participating are winning."

Become an Elite Notetaker and start selling your notes online!

Refund Policy


All subscriptions to StudySoup are paid in full at the time of subscribing. To change your credit card information or to cancel your subscription, go to "Edit Settings". All credit card information will be available there. If you should decide to cancel your subscription, it will continue to be valid until the next payment period, as all payments for the current period were made in advance. For special circumstances, please email


StudySoup has more than 1 million course-specific study resources to help students study smarter. If you’re having trouble finding what you’re looking for, our customer support team can help you find what you need! Feel free to contact them here:

Recurring Subscriptions: If you have canceled your recurring subscription on the day of renewal and have not downloaded any documents, you may request a refund by submitting an email to

Satisfaction Guarantee: If you’re not satisfied with your subscription, you can contact us for further help. Contact must be made within 3 business days of your subscription purchase and your refund request will be subject for review.

Please Note: Refunds can never be provided more than 30 days after the initial purchase date regardless of your activity on the site.