One of the principles of finance that we have looked at; is 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 website (listed entities), real estate brokers/agents website, 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 needs to be referenced properly and where possible a copy needs to be placed in the appendix section. (Do not use unrealistic date 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.

Note:

1. Students are required to do this assignment in groups (up to a maximum of five members per group less than 5 is ok but not more then 5).
2. Provide a complete reference list which should be prepared in accordance with one of the internationally accepted referencing standards.
3. Submit a soft copy of your assignment on MOODLE. A turn-it-in facility will be provided on Moodle for preliminary plagiarism checking as well as final project submission drop box. A maximum of 30% similarity index is allowed. Only one member of the group will be submitting the assignment online (otherwise, the system will penalize you against your group, so the member who does initial uploads for checking will also do the final upload).
4. The assessment criteria sheet is provided for an understanding on how the marks will be allocated. Please do not attach it with your assignment.
5. The assignment must have a Title page (includes the ID numbers and full names of all the members), Introduction, Table of Contents, Body-Findings and Discussion (includes numbers 1-6), Conclusion and Bibliography.
6. It should be typed in Times New Roman with font size 12 and 1.5 line spaced.
7. The project is due on MOODLE at 11.59pm, 26^th June, 2022 and the drop box facility will expire accordingly. No further extensions will be provided.
8. Please ensure that the assignment does not exceed 15 pages (this excludes the appendix) and should not include any unnecessary information.

THE END

FIN501: FUNDAMENTALS OF FINANCE

ASSESSMENT CRITERIA GROUP ASSIGNMENT

	Student Name	Student Number
1
2
3
4
5

Component

Full mark

Mark Gained

Comments

Introduction

5

1

4

2

7

3

7

4

7

5

5

6

7

Conclusion

4

Referencing

2

Appendix

2

Total

50