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Intro to Finance
Introduce the concepts of...
Principle
APR
Compounding -
Compound Interest
Derive and use the compound interest formula
in a variety of contexts. -
Future Value of an Annuity
Derive and use the Future Value formula in
a variety of contexts. -
Present Value of an Annuity
Derive and use the Present Value formula in a
variety of contexts -
Finance Project [Start]
![Finance Project [Start]](https://s3.amazonaws.com/s3.timetoast.com/public/uploads/photo/22268369/image/medium-fb8980dec028a1c9865055bea3aa38b5.webp?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAJB6ZCNNAN7BE7WDQ%2F20240729%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Date=20240729T133159Z&X-Amz-Expires=604800&X-Amz-SignedHeaders=host&X-Amz-Signature=522426eb4a419401242f836789e8c9f026c88ac3be425f879808cad4d0e36197)
You will choose a "lifestyle" and calculate all of the pertinent payments that will need to be made. You will then calculate the annual salary required to be able to afford this lifestyle. -
Finance Project [Finish]
![Finance Project [Finish]](https://s3.amazonaws.com/s3.timetoast.com/public/uploads/photo/22268385/image/medium-114b2a236e72ac732c7701cc7ca2de2c.webp?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAJB6ZCNNAN7BE7WDQ%2F20240729%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Date=20240729T133159Z&X-Amz-Expires=604800&X-Amz-SignedHeaders=host&X-Amz-Signature=8263a182005595160b5927acb7ffca9a36483b0670a9f17e71559848e8505071)
You will submit your calculations via Google Forms for grading.