2002 McGraw-Hill Australia Pty Ltd.PPT t/a
8e by Peirson et al.
Learning ObjectivesLearning Objectives
Understand and solve problemsinvolving simple interest andcompound interest, includingaccumulating, discounting and makingcomparisons using the effectiveinterest rate.
Value, as at any date, contractsinvolving multiple cash flows.
Distinguish between different types of annuity and calculate their presentand future values.