(receipts) as positive. Perform a calculation from the point of view of either the lender (investor) or the borrower, but not both!
(Loan) |
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Money re- |
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ceived is a |
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positive |
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number |
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1 |
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| 5 | PMT | |
Money paid out |
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is a negative |
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number |
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| Future Value, | |
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| if any; e.g. | |
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| a balloon | |
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| payment) |
Figure
Point of View (End Mode)
1 | 2 | 3 | 4 | 5 |
Loan
Figure
Point of View (End Mode)
| 5: Time Value of Money | 65 |
File name : | Print data : 2003/7/11 |
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