Single and annuity cash flow

5/18/22, 3)23 PMTVM – Single and Annuity Cash Flow Scoring Guide

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TVM – Single and Annuity Cash Flow Scoring Guide

CRITERIA NON-PERFORMANCE BASIC PROFICIENT DISTINGUISHED

Complete five single cash flow calculations correctly.

Completes less than two time value of money for single cash flow computations correctly.

Completes 2–3 time value of money for single cash flow computations correctly.

Completes five time value of money for single cash flow computations correctly.

Completes all time value of money for single cash flow computations correctly.

Complete five annuity cash flow computations correctly.

Completes less than two annuity cash flow computations correctly.

Completes 2–3 annuity cash flow computations correctly.

Completes five annuity cash flow computations correctly.

Completes all annuity cash flow computations correctly.

Explain the correct compounded interest choice.

Does not explain a compounded interest choice.

Explains an incorrect compounded interest choice.

Explains the correct compounded interest choice.

Explains the correct compounded interest choice and makes correct computations to support it.

Analyze a mortgage repayment strategy.

Does not analyze a mortgage repayment strategy.

Analyzes a mortgage repayment strategy with significant errors or omissions.

Analyzes a mortgage repayment strategy.

Analyzes a mortgage repayment strategy with sound reasoning and includes a discussion of amortization.

Convey clear meaning through appropriate word choice and usage.

Does not convey clear meaning through appropriate word choice and usage.

Clear meaning is inhibited by a limited vocabulary, vague or ambiguous word choice, or incorrect usage.

Conveys clear meaning through appropriate word choice and usage.

Conveys precise and unequivocal meaning through precise word choice and effective usage.