Exam (elaborations)
D076 Module 5 questions and answers graded A+ 2024/2025
- Course
- Institution
D076 Module 5 questions and answers graded A+ 2024/2025
[Show more]
Content preview
D076 Module 5Fee - ANSInterest charge per period
nper - ANSnumber of payments in a annuity
pmt - ANSpayment made each duration
pv - ANSPresent Value, a lump sum amount that a sequence of future payments is made
fv - ANSfuture fee, or the cash balance you want to obtain after the beyond payment is made
kind - ANStype of annuity-zero suggests an everyday annuity; 1 indicates an annuity due.
Default is 0
value1,[value2], - ANSvalue1 is the given first fee one length for today; value2 is the second
payment one duration after value1. Each charge must be equally spaced in time to arise on the
stop of each duration
Values - ANSAn array of reference to cells that comprise numbers for which you need to
calculate the internal rate of return
=RATE(NPER, PMT, PV, [FV], [type], [guess]) - ANSReturns the interest charge in keeping with
period
=NPER(RATE, PMT, PV, [FV], [type]) - ANSReturns the quantity of charge durations in an
annuity
=PMT(rate,nper,pv,[fv],[type]) - ANSReturns the payment made each period (this needs to be an
annuity)
=PV(RATE, NPER, PMT, [FV], [type]) - ANSReturns the existing Value, or lump sum quantity
that a sequence of destiny payments is well worth right now
=FV(rate,nper,pmt,[pv],[type]) - ANSFuture Value Function, or the cash stability you want
toattain after the closing charge is made
=NPV(rate,value1,[value2],...) - ANSReturns the internet present value of a sequence of destiny
payments with a given charge
=IRR(values,[guess]) - ANSinternal rate of go back of a series of destiny bills
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Legitexams. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now