One of the principles of finance that we have looked at; is the Time value of money - the math of finance whereby interest is earned by saving or investing money. Money can grow over time if we can save (invest) it and earn a return on our savings (investment).

With reference to the above statement, you are required to pick up a separate product/service for each of the following (so 6 different products/services) and calculate the present value or future value (one of the two, whichever is feasible with the information gathered) of a

1. single sum using compound interest
2. ordinary annuity
3. annuity due
4. deferred annuity
5. perpetuity
6. stream of unequal amounts

• You are advised to keep a copy of the choice of your products/services in the appendix section of the assignment.

• You can get a copy/details of such products/services from Financial intermediaries pamphlets or from their websites, stock exchange websites (listed entities), real estate brokers/agent's websites, media, etc,

• Provide proper calculations after stating the formulas and the variables (periods, rate per period, and cash flow per period).

• To obtain your other variables, which may not be available in the statements/documents, you may use either the RBF documents, financial intermediaries’ releases, or particular indexes, for your calculations. These need to be referenced properly and where possible a copy needs to be placed in the appendix section. (Do not use unrealistic dates ie. exaggerated rates, maturity, and other data).

• Where real data is not feasible then use numbers that are applicable to the current market situation of your area (eg. Rent per month for Suva $800, Nadi $500, Ba & Labasa $300), that is data that can be easily verified.