Calculate and compare the time value of money in the following situations.<ul><li>Given a rate of return and number of years, calculate the future value of a lump sum investment.</li><li>Given a rate of return and number of years, calculate the lump sum amount an investor must invest today to reach a specific financial goal at a future date.</li><li>a rate of return, number of years and frequency of periodic payments, calculate the end (future) value of an investment.</li><li>a rate of return, number of years and frequency of payments, calculate the periodic payment amount needed to reach a specific investment goal.</li></ul>
Standard detail
e.
Benchmark
Depth 3Parent ID: F10BD47B32A24645A454B9A0A37540A5Standard set: Grades 5, 6, 7, 8
Original statement
Quick facts
- Statement code
- e.
- List ID
- e.
- Standard ID
- C02121AF609E4D2989405B88E4AD2D09
- ASN identifier
- S2609221
- Subject
- Personal Finance Education
- Grades
- 05, 06, 07, 08
- Ancestor IDs
- F10BD47B32A24645A454B9A0A37540A5FAE17B1DAA924DC582E9F6159A87A99123A070C23A10459799173CCEF9BA0965
- Source document
- National Standards in K-12 Personal Finance Education (2015)
- License
- CC BY 3.0 US