Following the instructions laid out in this video, practice calculating the following TVM variables using these inputs:

Question:

Following the instructions laid out in this video, practice calculating the following TVM variables using these inputs: 

Find a Future Value (FV): Calculate FV when 

PV = -1,000, N = 5, I/Y = 4, and PMT = 0.

Find a Present Value (PV): Calculate PV when 

FV = 2,000, N = 7, I/Y = 5, and PMT = 0.

Find the Number of Periods (N) when 

FV = 5,000, PV = -3,000, I/Y = 3, and PMT = 0.

Find the Interest Rate (I/Y) when 

FV = 6,000, PV = -1,500, N = 10, and PMT = 2.

Find the Payment (PMT) when 

FV = 15,000, PV = -8,000, N = 12, and I/Y = 4.

Continue to practice using a financial calculator to solve various time value of money problems using different input factors until you feel comfortable with the process of using a calculator to solve TVM problems.

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Related Book For  book-img-for-question

Principles Of Finance

ISBN: 9798439388899

1st Edition

Authors: Julie Dahlquist, Rainford Knight

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