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CHAPTER 4
Applied Finance and Economics
Part V Foundations and Applications of the Time Value of Money: Using Financial Calculators

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Learning Objectives

■ Adjust the number of digits displayed.

■ Adjust the frequency of payments as appropriate.

■ Clear the function registers after each problem.

■ Identify the time value of money keys including: n, i, PV, PMT, and FV.

■ Solve for: n, i, PV, PMT, and FV.

■ Identify the cash flow keys including: CF, I, NPV, and IRR.

■ Solve for: CF, I, NPV, and IRR.

■ Check the timing of the cash flows using the beginning and end functions.

The Investment Advisor Body of Knowledge + Test Bank

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