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1、Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall1目标目标解释复利和贴现的概念并提供现实生活应用的例子Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall2Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall3Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall4Copyri
2、ght 2009 Pearson Education, Inc. Publishing as Prentice Hall5Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall61 Year$1.12 Years$1.213 Years$1.3314 Years$1.4641Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall7Copyright 2009 Pearson Education, Inc. Publishing as Pre
3、ntice Hall8Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall9niPVFV)1 (*FV with growths from -6% to +6%05001,0001,5002,0002,5003,0003,50002468101214161820YearsFuture Value of $10006%4%2%0%-2%-4%-6%Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall1091111.1738$)03. 01
4、 (*1500$)1 (*5niPVFVn5i3%PV1,500FV?Result 1738.911111Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall11Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall12nnnniFViFVPViiPVFV)1 (*)1 (:obtain to)1 (by sidesboth Divide)1 (*Copyright 2009 Pearson Education, Inc. Publish
5、ing as Prentice Hall13 today55.293,34$55281.34293)08. 01 (000,40)1 (2niFVPVCopyright 2009 Pearson Education, Inc. Publishing as Prentice Hall14Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall151)1 ()1 ()1 (*nnnnPVFViPVFViiPVFViPVFVCopyright 2009 Pearson Education, Inc. Publishing a
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12、ucation, Inc. Publishing as Prentice Hall34Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall35Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall36Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall37Copyright 2009 Pearson Education, Inc. Publishing as
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15、 (*0Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall44nniipmtiipmtPV111*111*Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall45nnniiPVpmtiipmtiipmtPV11*11*111*Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall46ipmtiPVnpmtiPVinpmtiPViipmtiPViipmtPVn
16、nn1ln*1ln*1ln1ln*;*1111*;11*Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall47Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall481)1(*)1 (*11*)1 (*1 nnregdueiiipmtiiipmtiPVPVCopyright 2009 Pearson Education, Inc. Publishing as Prentice Hall4911*1*111*FVsum) (lump 1
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18、c. Publishing as Prentice Hall52Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall53niipmtPV111* 令n - 无穷大,i 0:ipmtPV Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall54Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall55Copyright 2009 Pearson Educatio
19、n, Inc. Publishing as Prentice Hall56500,13$03.0*)1.01(*500000$Points000,450$)1.01(*500000$LoanCopyright 2009 Pearson Education, Inc. Publishing as Prentice Hall57niPVFV PMTResult360 0.5% 450,0000?-2,697.98每月还款额Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall58Copyright 2009 Pearso
20、n Education, Inc. Publishing as Prentice Hall59Amortization of Principal0.0050000.00100000.00150000.00200000.00250000.00300000.00350000.00400000.00450000.00024487296120144168192216240264288312336360MonthsOutstanding BalanceCopyright 2009 Pearson Education, Inc. Publishing as Prentice Hall60Percent o
21、f Interest and Principal0%10%20%30%40%50%60%70%80%90%100%024487296120144168192216240264288312336360MonthsPercent% Interest% PrincipalCopyright 2009 Pearson Education, Inc. Publishing as Prentice Hall61Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall62$10,000$11,000 1,000,0001,030,0
22、00Time10% $/$ (direct)0.01 $/3% / ? $/U.S.A.JapanCopyright 2009 Pearson Education, Inc. Publishing as Prentice Hall63Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall64$10,000$11,124$11,000 1,000,0001,030,000Time10% $/$ (direct)0.01 $/3% /0.0108 $/U.S.A.JapanCopyright 2009 Pearson E
23、ducation, Inc. Publishing as Prentice Hall65Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall66$10,000$10,918 $11,000 1,000,0001,030,000Time10% $/$ (direct)0.01 $/3% / 0.0106 $/U.S.A.JapanCopyright 2009 Pearson Education, Inc. Publishing as Prentice Hall67Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall68$10,000$11,000 $11,000 1,000,0001,030,000Time10% $/$ (dir
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