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making it the shortest section on the SAT.After you complete this section, you'll geta short five-minute break, at which time you can take out your calculator and start to get ready for the next section: Math Calculator.
2-2 TheTimeValueofMoney Adollartodayisworthmorethanadollarinthefuture Timevalueterminology Futurevalue(FV)Presentvalue(PV)Interestratepercompoundingperiod(i)Numberofcompoundingperiods(n)Paymentorannuity(PMT)CaseReading4-7 2-3 SimpleInterest I=P*R*T I=Interestearnedor...
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Net cash flows from each time period and find their PV then use IRR function on calculator only preferred if the manager can control the inflows and and outflows of an account will be lower than time-weighted return if funds are added right before a period of low perfomance ...
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