4金融数学贷款.pdfVIP

27/05/2015 Licence 1 en Finance Financial mathematics Dr. Fateh SACI PhD in Management Science Lecturer in Accounting and Finance sacifateh@yahoo.fr Teacher’s Office: B349 IFC Renmin L1 Finance 2014 - 2015 1 Syllabus or Contents • Chapter 1: The time value of money (simple interest) • Chapter 2: Compound interest functions. • Chapter 3: Ordinary Annuity Annuity due • Chapter 4: Long term annuity Amortizing a Loan • Chapter 5: Investment Decision Criteria IFC Renmin L1 Finance 2014 - 2015 2 1 27/05/2015 Chapter 4 Long term annuity Amortizing a Loan IFC Renmin L1 Finance 2014 - 2015 3 We will see in this unit Long term ordinary annuity Long term annuity due Amortization sinking Funds Some real life examples IFC Renmin L1 Finance 2014 - 2015 4 2 27/05/2015 Learning es At of this chapter, you should be able to: 1. Understand what is meant by “long term annuities”. 2. Calculate Present and future value long term annuities for the case of ordinary and annuity due. 3. Calculate the single payment for real life examples in the case of long term annuities ( Amortization