chap006 timevalTPf2011na书籍.pptVIP

* * * Our ninth learning objective in Chapter 6 is to briefly describe how the concept of the time value of money is incorporated into the valuation of bonds, long-term leases, and pension obligations. * * * * * * The end of Chapter 6. * To find the future value of an ordinary annuity, multiply the amount of a single payment or receipt by the future value of an ordinary annuity factor found in Table 3 in your textbook. * * * * Part I We plan to invest $2,500 at the end of each of the next 10 years. We can earn 8%, compounded annually, on all invested funds. What will be the fund balance at