What is this book all about? Financial literacy is widely agreed to be a very important topic in our society. There are thousands of...

Setting up your financial Calculator In order to correctly solve the time value of money calculations you will be performing, it is vital that you know how to use your financial calculator. A financial calculator does not work in the same way as a traditional calculator when performing time value of money calculations. To make sure you get the correct calculations, regardless of which calculator you use, you need to make sure your calculator is set up as follows. If you ar

When we say we are going to perform a “financial statement analysis”, what we mean is that we want to calculate some ratios to decide if...

Now that you are familiar with the terminology of taxes, we can move on to actually performing tax calculations. The United States uses a...

These calculation steps can be used for ANY type of loan where you have fixed payments and fixed interest rates over time. This includes...

“How much house can I afford? How much should I borrow for college? Can I afford that car?” These are examples of the types of questions...