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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
5.  Distinguish between an annuity due and an ordinary annuity.
6.  Describe the implicit interest rate for a series of cash flows and a procedure for finding it.
7.  Does the present value of a given amount to be paid in 10 years increase or decrease if the interest rate increases? Suppose that the amount is due in 5 years? 20 years? Does the present value of an annuity to be paid for 10 years increase or decrease if the discount rate decreases? Suppose that the annuity is for 5 years? 20 years?
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