1/19/2010 Pranoto.

SA 1
 Adik adik, diam
sebentar ya.,
Kita kuliah dulu
yuck..

Kita bahas:
Future Value
Present Value
Single Deposit
Annual Deposit
Continue
1/19/2010 Pranoto.SA 2
 Future Value
FV : Nilai yang akan datang

Contoh:
1Menabung saat ini, dengan rate interest tertentu,
berapa nilai tabungan kita 3 tahun yad?
2.Menginvestasikan dana sekarang, menjadi berapa
besar dana kita 5 tahun yang akan datang?

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 FUTURE VALUE ( FV )

1. Single Deposit

I I

1 2 3 n

I = I ( 1+i) n

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If : You are age 20, You invest $ 10,000
now, You obtain a compounded return of
6% annually, And withdraw at age 60.
(after N = 40 years), How much you will
receive?
Then you will have $ 102,857. (single
Dep)
FV = PV (present value) * ( F / P, 6%, 40 )
P P
FV = $ 10,000 * (1,06)40 = $ 10,000 * 10.2857 =
$102,857
n=40
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 2. Annual Constant Deposit
C
C C C C C

1 2 3 n

C= C ((1+i)n-1)/i

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Invest $ 10,000 every end year for 40
years,Obtain a compounded return of 6%
annually, Withdraw at age 60, How much
you will receive that?
FV = AV * (F/A, 6%, 40)
FV = $ 10,000 * ( [ (1,06)40 1] / 0.06) = $ 10,000 *
154.762 = $ 1 547 620 (ann dep continue)
(formula for F/A)(lookup the table)

GUARANTEED TO WORK EVERY TIME ! ACT TODAY !

n=4
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0 7
 3. Annual Constant Deposit (incomplete series)

1 2 3 j . n

B B B B
B

B=B ((1+i)n-(1+i)n-j)/i

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Invest $ 10,000 every end year for 40
years,Obtain a compounded return of 6%
annually, Withdraw at age 60. But cause of
the problem then so you stop deposit after
end of year 30. How much $ you will
141581

receive? (ann deposit incontinue)

2

FV = A*((1,06)^40-(1.06)^10)/0.06
FV = $ 10,000 * ( [ (1,06)40 (1.06)^10] / 0.06)
=$ 1.415.812
GUARANTEED TO WORK EVERY TIME !
ACT TODAY !

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 PV
FV

FV = PV ( 1+i) ^ n ( 1+i)^ n : compounding

Factor
Given FV , Find PV ?

PV = F V / ( 1+i) ^ n 1/(1+i)^n: discounting Factor

A A A A
PV=
PV=(Ai/(1+i)^n)
?

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 NPV:Net Present Value

NPV = PVB- PVC

PVB- PVC (>0)

NBC =
PVB- PVC (<0)

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Example:

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IRR; Internal Rate of
Return
Value of interest , wheres the
value of

NPV = PVB- PVC= 0

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