[经济学]英文版公司理财课件chapter 4.pptVIP

COPYRIGHT?ZHULI Chapter 4 The time value of money In this chapter you will gain an understanding of the important time-value concepts and mathematics that are widely used in the financial decision-making process and are employed in later chapters. Objectives Calculate the future value to which money invested at a given interest rate will grow Calculate the present value of a future payment Calculate present and future values of a series of cash payments Find the interest rate implied by present and future values Understand the difference between real and nominal cash flows and between real an