What type of quantity (for example, length, volume, density) do the following units indicate? (a) ml, (b) cm2, (c) mm3, (d) mg/L, (e) ps, (f) nm, (g) K.
Personal Finance Time Value of Money $1 today is worth more than $1 in the future 3 main reasons to take money today (RIO) Risk: may not receive money Inflation: increase in general price level Opportunity cost: can do things with $1 today Types of Problems Future Value (lump sum) Present Value (lump sum) Annuities and loan payments o Constant streams of cash flow (per month, per year) Future value of Annuities Present value of Annuities Perpetuities *Lump sum: 1time investment of cash The Chart N= # of periods I= Interest rate PMT= payments PV= Present Value FV= Future Value END/BGN= on the calculator On TI84 calculator press apps TVM solver Alpha enter You can als