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Introduction to Finance
Discover the fundamentals of finance with a comprehensive exploration of time value of money and discounting. This tutorial begins by explaining why future cash flows are less valuable than present ones, illustrating this with an extreme example. It then delves into compound interest calculations using a numerical example of saving £10,000 at a 10% annual rate over five years. The video further demonstrates how to calculate the present value of future incomes and extends this to finding the present value of a stream of cash flows with varying discount rates. Subscribe to @AxiomTutoringCourses for more insightful finance tutorials.
Learn to simplify complex financial calculations in this video. Discover how to streamline geometric series summation to determine present value efficiently, even with multiple fixed cash flows and discount rates over extended periods. Subscribe to @AxiomTutoringCourses for more comprehensive finance lessons.
In this tutorial, we explore perpetual payments: constant cash flows with an infinite horizon. We derive the perpetuity formula using the limit of the annuity formula as time approaches infinity, yielding C/R. Key application conditions and relation to annuities are discussed. Subscribe to @AxiomTutoringCourses for more comprehensive finance lessons.
Learn how to calculate your monthly mortgage payments with this comprehensive guide. We break down the process step-by-step, starting with a mortgage principal of 1 million pounds and an annual interest rate of 6%. You'll discover how to adjust the annual percentage rate for monthly payments and determine the total number of periods. The video explains how to use the annuity formula to find the exact monthly payment amount. Furthermore, it details how to calculate the principal and interest components of any specific monthly installment, using the 61st payment as a practical example. This essential knowledge will help you understand your mortgage amortization thoroughly. Subscribe to @AxiomTutoringCourses for more finance tutorials.