Part III- The Time Value of Money
11: The Time Value of Money- Annuities, Perpetuities, and Mortgages
93 of 150 · 143 words
From Introduction to Financial Analysis by LibreTexts (Kenneth S. Bigel, Touro University), used under the CC BY 4.0 licence. Written for a general audience, not for NEPSE.
- 11.1: Chapter Eleven- Learning Outcomes
- 11.2: Annuities
- 11.3: The Derivation of (Ordinary) Annuity Factors
- 11.4: The Derivation of Annuity Factors (Solution)
- 11.5: Future and Present Annuity Values- The Nature of Their Cash Flows
- 11.6: Future and Present Annuity Factors- Mathematical Formulas
- 11.7: Characteristics of Annuity Factors- A Review
- 11.8: Annuities- Practice Problems
- 11.9: Annuities Due
- 11.10: Annuities Due (Solutions)
- 11.11: Adjustment from Ordinary Annuity to Annuity Due
- 11.12: Uneven Cash Flows
- 11.13: Uneven Cash Flows (Solutions)
- 11.14: Uneven Cash Flows (Practice Problem)
- 11.15: Uneven Cash Flows (Practice Problem Solutions)
- 11.16: Uneven Cash Flows- Another Self-Test Practice Problem
- 11.17: Solution to Another Uneven Cash Flow Practice Problem
- 11.18: Perpetuities- No-Growth Perpetuities
- 11.19: The “Law of Limits” and Perpetuities
- 11.20: Growth Perpetuities
- 11.21: Fractional Time Periods
- 11.22: Loans- The Conventional Mortgage
- 11.23: A Few Thoughts about Mortgages
- 11.24: Summary Comparison of 15- and 30-Year Mortgages
This chapter at LibreTexts (Kenneth S. Bigel, Touro University). Tables and text are reproduced; images, videos and quizzes are not.