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Confusion over Time Value Money problems I am confused with weather or not to divide the interest by 12 (12 months in a year) or
Confusion over Time Value Money problems
I am confused with weather or not to divide the interest by 12 (12 months in a year) or leave it alone because the interest is at a monthly intrest compounded
I believe I have the wrong present values...
Optional Question: Is Time Value Money (TVM) also known as Discounted Cash Flows Analysis (DCFs) or is that something entirely different?
Optional Question: What methods can help with memorizing: (Or maybe cool*)
A) Present Value Annuity Due
B) Present Value of Ordinary Annuity
C) Future Value is Annuity Due
D) Future Value of Ordinary Annuity
*Maybe like a catchphrase. An example for economics is Supply to the sky and Demand down to the ground because supply is an upward curve and demand is a downward curve.
Note:
A) I am using the adjust calculation method which is divide the interest by the number of payment periods (I/x) and multiplying the years by the number of months (N*x)
B) The problems are all annuities
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