Present value

R295

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In 30 minutes you will work out the present value of a future amount with annual compounding, rounding to the cent only at the end. You will also explain why more years or a higher rate means less to invest today. And you will use present value to set aside enough cash for a future cost, and no more.

SKU: PL-MCB-NUM-35
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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 store refit three years away, a plan to lock away too much, and the division that brings it back to today. In Your call you make the decisions in a real case: a new store, a budget that falls short and a later opening date on the table. Then, in the boardroom, you make the case to Vuyani, the property 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 5 of 5 in the Money over time season of the Numbers for Business series.

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