Question
Suggested website: https://www.in2013dollars.com/time-value-of-money There are many online sites that offer free use of a financial calculator (which is a LOT easier than the formulas introduced
Suggested website: https://www.in2013dollars.com/time-value-of-money
There are many online sites that offer free use of a financial calculator (which is a LOT easier than the formulas introduced and used in the textbook!). One particularly good website/resource is noted above, but you may use any of your choosing.
Identify one (1) way that you can use a financial calculator to help with decision making on a personal level AND one (1) way that you can use a financial calculator to help with decision making on a professional level. For each situation you identify, share:
- What is the question you are answering (or problem you are solving)?
- What is the "variable" you must solve for using the financial calculator?
- What is the answer/solution?
- How does this information assist with decision making?
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
