Chapters 5- Time Value of Money 2: Analyzing Annuity Cash Flows Be able to calculate: present value (PV) and future value (FV) for multiple cash flows (annuities), perpetuities, deferred annuities, PV and FV with compounding more often than once per year, effective annual rate (EAR), mortgage payments. Know concepts: the effect of compounding, ordinary annuities vs. annuities due, the effect of compounding more often than once per year, EAR versus APR Chanter 6IInderstanding Hinancial Markets &Insitutions Chapters 5- Time Value of Money 2: Analyzing Annuity Cash Flows Be able to calculate: present value (PV) and future value (FV) for multiple cash flows (annuities), perpetuities, deferred annuities, PV and FV with compounding more often than once per year, effective annual rate (EAR), mortgage payments. Know concepts: the effect of compounding, ordinary annuities vs. annuities due, the effect of compounding more often than once per year, EAR versus APR Chanter 6IInderstanding Hinancial Markets &Insitutions