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LO-1
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should be able to know definitions of key terms of financial mathematics: inflation, rates of interest [simple and compound interest and simple discount, real, nominal, effective interest rates] |
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LO-2
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be able to calculate present value, future value of money. |
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LO-3
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be able to calculate the loan amount or outstanding loan balance, given a set of loan payments. |
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LO-4
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be able to calculate the value of a stock. |