About me
                    About me
     1998-2002 Bachelor of Economics (Majoring 
      1998-2002 Bachelor of Economics (Majoring 
      in Finance), Petra Christian University
      in Finance), Petra Christian University
     2004-2005 Postgraduate Diploma in 
      2004-2005 Postgraduate Diploma in 
      Finance, The University of Melbourne
      Finance, The University of Melbourne
     2005-2006 Master of Commerce (Finance), 
      2005-2006 Master of Commerce (Finance), 
      The University of Melbourne
      The University of Melbourne
     Pass CFA Exam Level I
      Pass CFA Exam Level I
     Bloomberg Global Product Certification – 
      Bloomberg Global Product Certification – 
      Equity Level One
      Equity Level One
     Head of Finance Program, Faculty of 
      Head of Finance Program, Faculty of 
      Economics, Petra Christian University
      Economics, Petra Christian University
                              
                              
                    OUTLINE
                    OUTLINE
     Future Value Single Sum
      Future Value Single Sum
     Present Value Single Sum
      Present Value Single Sum
     Future Value Annuities
      Future Value Annuities
     Present Value Annuities
      Present Value Annuities
     Ordinary Annuity vs Annuity Due
      Ordinary Annuity vs Annuity Due
     Perpetuities
      Perpetuities
     Practice Problems
      Practice Problems
                            
                            
           The Time Value of 
           The Time Value of 
                    Money
                    Money
                            
                                   , Prentice Hall, Inc.
           Compounding and 
           Compounding and 
                 Discounting 
                 Discounting 
                Single Sums
                Single Sums
                            
                            
      We know that receiving $1 
      We know that receiving $1 
        today is worth more than $1 
         today is worth more than $1 
        in the future.  This is due to 
         in the future.  This is due to 
        opportunity costs.
         opportunity costs.
      The opportunity cost of 
      The opportunity cost of 
        receiving $1 in the future is 
         receiving $1 in the future is 
        the interest we could have 
         the interest we could have 
     Today                                           Future
        earned if we had received the 
         earned if we had received the 
        $1 sooner.
         $1 sooner.