8: Additional Examples 115
Net Future Value
7KHQHWIXWXUHYDOXHFDQEHFDOFXODWHGE\XVLQJWKH790NH\VWRVOLGHWKH
QHWSUHVHQWYDOXH139IRUZDUGRQWKHFDVKIORZGLDJUDP
Example: Value of a Fund. <RXKDYHPDGHWKHIROORZLQJGHSRVLWVRYHU
WKHSDVWWZR\HDUVLQWRDPRQH\PDUNHWIXQGHDUQLQJ:KDWLVWKH
FXUUHQWEDODQFHRIWKHDFFRXQW"
6HWWR(QGPRGH3UHVV
LIBEGINDQQXQFLDWRULVGLVSOD\HG
Keys: Display: Description:
&OHDUVDOOUHJLVWHUV
12.00
6HWVSD\PHQWVSHU\HDU
CF0
–12,000.00
(QWHUVLQLWLDOFDVKIORZ
CF1
0.00
(QWHUVDPRXQWLQ
JURXS
n1
2.00
(QWHUVQXPEHURI
WLPHVSD\PHQWRFFXUV
CF2
–3,000.00
(QWHUVDPRXQWLQ
JURXS
n2
3.00
(QWHUVQXPEHURI
WLPHVSD\PHQWRFFXUV
n3
9.00
(QWHUVQXPEHURI
WLPHVSD\PHQWRFFXUV
CF4
–7,500.00
(QWHUVFDVKIORZJURXS
n5
3.00
(QWHUVQXPEHURI
WLPHVSD\PHQWRFFXUV
.book Page 115 Wednesday, June 21, 2000 5:19 PM