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Preparation TVM is the foundation of mathematical finance that can be applied to corporate as well as personal finances. The TVM concept can be applied to single and multiple cash flows. However, in real life, you often come across financial applications that require multiple or annuity cash flows. In this assignment, you will apply the TVM concept to single and annuity cash flows. Before beginning the assignment and reviewing the examples provided in the assignment template, study Chapter 7, “Time Value of Money I: Single Payment Value,” and Chapter 8, “Time Value of Money II: Equal Multiple Payments,” from your Principles of Finance Links to an external site. text. One must understand the TVM theory before being able to solve the TVM problems. Instructions Complete and submit the Week 2 Assignment Template [XLSX] Download Week 2 Assignment Template [XLSX]. Scoring Guide Your work will be evaluated using this criteria. View Scoring Guide Download View Scoring Guide Competencies Measured By successfully completing this assignment, you will demonstrate your proficiency in the following course competencies and scoring guide criteria: Competency 1: Analyze financial environments and concepts. Explain the correct compounded interest choice. Analyze a mortgage repayment strategy. Competency 2: Apply financial computations and processes. Complete four single cash flow calculations correctly. Complete four annuity cash flow computations correctly. Competency 3: Communicate effectively and professionally. Convey clear meaning through appropriate word choice and usage.
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