| FINANCIAL MANAGEMENT |
| CHAPTER 4 |
| TIME VALUE OF MONEY CALCULATIONS - LECTURE |
| FUTURE VALUE OF A SINGLE AMOUNT |
| Present Value | | | 10000 |
| Interest rate per year | | | 5% |
| Number of years | | | 10 |
| Future Value | | | $16,288.95 |
| PRESENT VALUE OF A SINGLE AMOUNT |
| Future value | | | 40000 |
| Interest rate per year | | | 8% |
| Number of years | | | 18 |
| Present Value | | | $10,009.96 |
| FUTURE VALUE OF AN ANNUITY | | | | | | FUTURE VALUE OF AN ANNUITY DUE |
| Annual payment | | | 555 | | | Annual payment | | | 555 |
| Interest rate | | | 8% | | | Interest rate | | | 8% |
| Number of years | | | 18 | | | Number of years | | | 18 |
| Future Value | | | $20,780.89 | | | Future Value | | | $22,447.68 |
| PRESENT VALUE OF AN ANNUITY | | | | | | PRESENT VALUE OF AN ANNUITY DUE |
| Annual payment | | | 1000 | | | Annual payment | | | 1000 |
| Interest Rate | | | 5% | | | Interest Rate | | | 5% |
| Number of years | | | 20 | | | Number of years | | | 20 |
| Present Value | | | $12,462.21 | | | Present Value | | | $13,085.32 |