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Current Economic Conditions tor virlous econonic tactars Sugoeted webeites: matmalest. Whats Next for yes Rerabnal Financlat Pian? Time Value of Money Purpese: To calculate future and preseot value ampunts related to fnancial planning decisiant instructions: Use a calculator of fufurepresent value tubles to compute the trne value of money Suggested wobiltes: 5 Suggested appa: Financial and TMM Calculator mexkisinget enmatogis Future Value of a Single Amount - to desermine Ature value of a singie amount - to determine interest lot when cash putchase is made Future Value of a Series of Deposits - to determine futute value of regulaf savings deposits - to determine Auture value of regular fetroment deposits Present Value of a Single Amount - to determine an ampunt to be deposited now that will grow to desired amount Present Value of a Series of Deposits - to determine an amount that can be withdrawn on regular basis (Use Exhibit 1.A in Chapter 1 Appendix) 8000 x 0.0000 = (Use Exhibit 1-E in Chapter 1 Appendix) 50.00 x 0.0000 50.00 (Use Exhibit 1.C in Chopter 1 Appendix) future amount present desired times value factor equals present value amount 5000 x 50.00 (Use Exhibit 1-D in Chapter 1 Appendia) 50.00 x 0.0000 50.00 What's Next for your Personal Financial Plan? - Identify various financial goals that require tme value of money calculations. - Research current interest rates to determine a rate that you might use when calculating time value of money for various personal financial goals Current Economic Conditions tor virlous econonic tactars Sugoeted webeites: matmalest. Whats Next for yes Rerabnal Financlat Pian? Time Value of Money Purpese: To calculate future and preseot value ampunts related to fnancial planning decisiant instructions: Use a calculator of fufurepresent value tubles to compute the trne value of money Suggested wobiltes: 5 Suggested appa: Financial and TMM Calculator mexkisinget enmatogis Future Value of a Single Amount - to desermine Ature value of a singie amount - to determine interest lot when cash putchase is made Future Value of a Series of Deposits - to determine futute value of regulaf savings deposits - to determine Auture value of regular fetroment deposits Present Value of a Single Amount - to determine an ampunt to be deposited now that will grow to desired amount Present Value of a Series of Deposits - to determine an amount that can be withdrawn on regular basis (Use Exhibit 1.A in Chapter 1 Appendix) 8000 x 0.0000 = (Use Exhibit 1-E in Chapter 1 Appendix) 50.00 x 0.0000 50.00 (Use Exhibit 1.C in Chopter 1 Appendix) future amount present desired times value factor equals present value amount 5000 x 50.00 (Use Exhibit 1-D in Chapter 1 Appendia) 50.00 x 0.0000 50.00 What's Next for your Personal Financial Plan? - Identify various financial goals that require tme value of money calculations. - Research current interest rates to determine a rate that you might use when calculating time value of money for various personal financial goals