Praxis Learn^™by Praxis Learning Solutions

Future value (monthly compounding)

Name: Future value (monthly compounding)
SKU: PL-MCB-NUM-34
Price: 295 ZAR
Availability: InStock

R295

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In 30 minutes you will work out the future value of a lump sum with monthly compounding, rounding to the cent only at the end. You will also convert a yearly rate to a monthly rate and years to months before raising to the power. And you will check whether savings will reach a target by a set date, and what to change if they fall short.

SKU: PL-MCB-NUM-34

Category: Micro courses

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Description

Who it’s for: Anyone in business who works with prices, costs, budgets or reports and wants to be sure the numbers are right.

What happens in it: a short film shows a refurbishment fund, interest added every month, and the two conversions that get the future right. In Your call you make the decisions in a real case: a solar installation, savings that fall short and a higher rate that compounds less often. Then, in the boardroom, you make the case to Ronel, the operations director, in three questions.

How it works: five scenes in about 30 minutes: the data film, the lesson, Your call, practice with fresh numbers that mark themselves, and the boardroom. Finish all five for your certificate. It is course 4 of 5 in the Money over time season of the Numbers for Business series.