Calculations Flashcards
1
Q
Amount of $1
A
Given: PV
Find: FV
2
Q
Present Value of $1
A
Given: FV
Find: PV
3
Q
Amount of $1 Per Annum
A
Given: Annuity
Find: FV
4
Q
Annual Sinking Fund
A
Given: FV
Find: Annuity
5
Q
Annuity $1 will purchase
A
Given: PV
Find: Annuity
6
Q
Present value of $1 per annum
A
Given: Annuity
Find: PV
7
Q
Years’ purchase in perpetuity
A
Given: Annuity
Find: PV
8
Q
Required rate of return
A
stock investment / total investment
9
Q
Calculation: TDSR buying private
A
1) stress test 4%
TDSR= 55% of income = monthly payment
2) LTV (75%) X VL
