CMSA- MATH FOR FINANCE PROFESSIONALS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED GRADED A++
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Course
CMSA
Institution
CMSA
CMSA- MATH FOR FINANCE PROFESSIONALS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED GRADED A++
Simple Interest
Interest Payment = Principal x Interest
Time Value of Money Concept
The value of a dollar today is not the same as the value of a dollar in the future.
Opportunity Cost
...
The interest rate has taken compounding into consideration
Discounting A Single Cash Flow
Reducing the future cash flows to find their present values
Discounted Cash Flow Formula
PV = FV x DF
Annuities Traits
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