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Business Software 1/25/10 Monday

Questions about the test? Please ask me after class

There are several formulas we will learn today... Annual Rate

1

Nper = # per period

Nper UMBER

IOD

2

Pmt = payment

3

PV = Percent Value

4

P ay M enT P ercent V alue FV = Future Value

F uture V alue

5

Rate = Rate (interest)

RATE

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TZEdge Advertising Options

Option Number 1 2 3 4

Number of Compounding Periods per Year 12 4 12 12

Loan Annual Interest Duration in Rate Years 9.06% 2.0 7.00% 1.5 5.00% 2.0 6.50% 1.6

Payment Per Period $(1,600) $(7,966) $(1,200) $(1,400)


ptions

Present Value $35,000 $45,000 $27,349 $25,000

Option Number 2 3 4 5

Number of Compounding Periods per Year 13 5 13 13


Year

Present

Future

Value

payment

period

loan

interest rate

compound periods

option

number

graphh  

graph, class

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