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Solving for the Number of Cash Flows and Periods in Financial Problems.

UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
Daniel T. Winkler, Professor (Creator)
Joseph E. Johnson, Professor Emeritus (Contributor)
Institution
The University of North Carolina at Greensboro (UNCG )
Web Site: http://library.uncg.edu/

Abstract: The time value of money (NM) concepts often receive more attention in introductory finance courses than do other topics. Textbook solutions to time value of money problems usually instruct students to solve for the number of periods to the closest year However, the NM tables In textbooks show solutions for whole periods only. For this reason, these tables are often inadequate for solving some practical problems.

Additional Information

Publication
Journal of Financial Education, Fall 1990, pp. 62-65
Language: English
Date: 1990
Keywords
Time value of money (NM),