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WTD 06 1621 4705 359 PM Page 20 Woodturning Design Summer 200521 Wood the exact species to use is your decision but choose a lightcolored and a darkcolored wood to ensure dramatic contrast. brPage 1br Conjure TM Segmented Flow Reactor System brPage 2br Nineteen. Compound Interest and Present Value. Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved.. McGraw-Hill/Irwin. Compare simple interest with compound interest.. Calculate the compound amount and interest manually, using algebraic formulas and with a financial calculator.. Annuities. Basics. Annuities are streams of payments, in our case for a specified length. Boil down to geometric series. Two main formulas. For annuities due (double dots), simply change denominator from i to d. Iteration. Executes a block of code repeatedly . A condition controls how often the loop is executed . while. . (condition) . statement. . Most commonly, the statement is a block statement (set of statements delimited by . Chapter 16. 16 A and B – purchasing goods (simple interest) and buying on terms. What is financial maths about?. It looks at:. Purchasing goods (. eftpos. , cash, credit, layby, loan, buying on terms. Chapter 10. Money. Percentage.  . Tipping. 15% is usually considered a normal tip. How much would you have to tip for a bill:. $6.40. $0.96. $154.25. $23.14. $99.87. $14.98. Simple Interest. APR: Annual Percentage Rate. 10 Mathematics 2015. Simple Interest . You need to be able to use the simple interest formula to find. INTEREST ($). PRINCIPAL ($). INTEREST RATE (% per annum). TIME (years). You also need to be able to convert time not given in years (. Introduction to Valuation: The Time Value of Money. Key Concepts and Skills. Be able to compute the . future value . of an investment made today. Be able to compute the . present value . of cash to be received at some future date. Finances Part I. Sales Tax. Optional for individual states.. How to compute sales tax:. (Total cost of item) x (percent of sales tax) = amount of sales tax. Cost of item + amount of sales tax = register price. Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved.. McGraw-Hill/Irwin. Compare simple interest with compound interest.. Calculate the compound amount and interest manually, using algebraic formulas and with a financial calculator.. Interest. : . fee. paid by a borrower of . assets. (bank) to the owner as a form of compensation for the use of the assets (money). . It . is most commonly the price paid for the use of borrowed money, or money earned by . Chapter 5 Formulas Introduction to Valuation: The Time Value of Money McGraw-Hill/Irwin Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. Key Concepts and Skills Be able to compute the future value of an investment made today Directions: Select the most appropriate answer for each question.. Which would you rather have?. $100 today. $100 one year from today. If the interest rate is 5%, $100 today is basically equal to ___ one year from now.. 307 . # 6-18 even . AND 24. -. 30. . Warm up. Simplify. X. 9. . b. ) 12a. 5. . c). X. 4. Y. 8. . d). 5m. 2. n. 4. . . X. 7. 3a. 2. X.