FIN 504 Topic 3 Complete Work GCU
FIN 504 Topic 3 DQ 1
What effect does compounding interest more frequently than annually have on (a) the future value, and (b) the effective annual rate (EAR)? Explain. How would you explain the difference between the annual percentage rate (APR) and effective annual rate (EAR) to a friend with no background in finance?
FIN 504 Topic 3 DQ 2
Provide an example scenario with rationale of an area in your personal life in which you would like to apply, or have already applied, time value of money concepts. What might you do differently to effect a more financially sound future?
FIN 504 Topic 3 Problem Set 3 Financial Tools Part Two
Complete the following problems from Chapter 5 in Principles of Managerial Finance : Time Value of Money: P5-3; P5-5; P5-12; P5-13; P5-20; P5-24; P5-30; P5-36; P5-43; P5-48.Use the Chapter 5 Excel resource (if needed) to complete the problem-set assignment in this topic. Please show all work for each problem. You are not required to submit this assignment to Turnitin.
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