Personal Finance notes

Summary notes for FIN 111, the general education at UNLV for Exam 1 and Exam 2. The summary notes covered 80% of what will be in the exam.

Kapoor, Personal Finance, 14e Chapter 1 Solutions 1. Calculating the Future Value of Property. Josh Collins plans to buy a house for $210,000. If that real estate is expected to increase in value by 3 percent each year, what will its approximate value be six years from now? Solution: $210,000  1.194 = $250,740 LO: 1-2 Topic: Calculating the Future Value of Property LOD: Intermediate Bloom tag: Application 2. Using the Rule of 72. Using the rule of 72, approximate the following amoun...

Kapoor, Personal Finance, 14e Chapter 1 Solutions 1. Calculating the Future Value of Property. Josh Collins plans to buy a house for $210,000. If that real estate is expected to increase in value by 3 percent each year, what will its approximate value be six years from now? Solution: $210,000  1.194 = $250,740 LO: 1-2 Topic: Calculating the Future Value of Property LOD: Intermediate Bloom tag: Application 2. Using the Rule of 72. Using the rule of 72, approximate the following amoun...

Summary notes for FIN 111, the general education at UNLV for Exam 1 and Exam 2. The summary notes covered 80% of what will be in the exam.