3.1 Time Value of Money and Cash Flow
Time Value of money is one of the important concepts you must master to be a CCP. This lecture shall explain you Time Value of Money concept in full detail.
Or, want to discuss this lecture with your fellow course participants and trainer jump to the CCP Study Group here.
You can download interest table here. Click third button of the mouse and choose 'Save As'
Tutorial 1: Simple Interest Rate
Tutorial 2: Compound Interest Rate
Tutorial 3: Nominal and Effective interest rate
Tutorial 4: Nominal and Effective interest rate
Tutorial 5: Single Payment Compound Amounts Factor
Tutorial 6: Single Payment Present worth Factor
Tutorial 7: Sinking Fund Factor
Tutorial 8: Capital Recovery Factor
Tutorial 9: Uniform Series Compound Amount Factor
Tutorial 10: Uniform Series Present Worth Factor
Tutorial 11: Arithmetic Gradient uniform series
Tutorial 12: Arithmetic Gradient Present worth Factor
A bank claims to pay interest to its depositors at the rate of 6% per year, compounded quarterly. What are the nominal and effective interest rates?
James plans to buy a $150 000 house. He wants to make a down payment of $30 000 and to take out a 20-year mortgage for the remaining $120 000, at 10% per year, compounded monthly. How much must James repay each month?
Jim deposits $1000 in a savings account that pays interest at the rate of 6% per year, compounded annually. If all of the money is allowed to accumulate, how much money will Jim have after 12 years?
You are making equal end-of-year deposits of $5,000 to fund your son university fee at 8% per year for 10 years, how much can be expected to be available for withdrawal from the account immediately after the last deposit is made?