Financial Management: Principles and Applications, 13/e

Chapter 6 The Time Value of Money

Annuities and Other Topics

Chapter Outline

1. 6.1 Annuities (pgs. 160–173)

   1. Objective 1. Distinguish between an ordinary annuity and an annuity due, and calculate the present and future values of each.

2. 6.2 Perpetuities (pgs. 173–175)

   1. Objective 2. Calculate the present value of a level perpetuity and a growing perpetuity.

3. 6.3 Complex Cash Flow Streams (pgs. 176–179)

   1. Objective 3. Calculate the present and future values of complex cash flow streams.

Principles and Applied

In this chapter, we continue ...