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QM - Prerequisite - M01 - Interest Rates, Present Value, and Future Value > SOLVING FOR SIZE OF ANNUITY PAYMENTS > Flashcards

SOLVING FOR SIZE OF ANNUITY PAYMENTS Flashcards

1
Q

examples of applications of annuity formulas

A

Mortgages, auto loans,
and retirement savings plans

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2
Q

Savings plans often involve

A

uneven cash flow

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3
Q

cash flow additivity
principle

A

When dealing with uneven cash flows, we take maximum advantage of the principle that dollar amounts indexed at the same point in time are additive

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QM - Prerequisite - M01 - Interest Rates, Present Value, and Future Value (12 decks)

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