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1. Whenever Equivalence or Time Value of Money calculations are computed, Cash Flow Diagrams and Standard Notation are required. 2. Do not use Single Payment
1. Whenever Equivalence or Time Value of Money calculations are computed, Cash Flow Diagrams and Standard Notation are required.
2. Do not use Single Payment cash flow analysis when another method is available, such as Uniform Series and Gradients. If you do, you can expect to lose significant credit.
3. Use the Interest Factor Tables instead of the Factor Formulas whenever possible!
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