CMA Study Group

How to get PV and FV rate to answer question?and

  • 1.  How to get PV and FV rate to answer question?and

    Posted 20 days ago
    Just I started to study CMA part 2
    I wonder how to get PV and FV rates to answer questions?
    Do I need to have a calculator get it?
    Sorry for the beginners' question, but I am wondering when I am answering questions 
    During the exam, how to get those data?

    Best regards 
    Mary


  • 2.  RE: How to get PV and FV rate to answer question?and

    Posted 19 days ago
    So there are 3 options you have in exam.

    1) if you have simple 6 function calculator, you can calculate on that​ by following few steps. (You can find how on youtube)
    2) if you have a HP or Texas Instrumens calculator, you can calculate on that​ by following few simple steps. (You can find how on youtube)
    3) There is a Chart of PV and FV available on your exam window. (It is given for 20% and till 40 periods i.e., 40 years)​
        The chart contains PV of $1, FV of $1 and also annuities of PVs and FVs.

    Hope it helped

    ------------------------------
    Ashvin Kulkarni
    Accountant
    Pune
    India
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  • 3.  RE: How to get PV and FV rate to answer question?and

    Posted 19 days ago
    Dear Ashvin

    Thank you for answering my question.
    I better to prep both ways.
    Thanks

    ------------------------------
    Mary Takahashi
    Tokyo
    Japan
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  • 4.  RE: How to get PV and FV rate to answer question?and

    Posted 19 days ago
    No problem.

    Yes cool. It's better to be prepared for all.

    Best wishes.

    ------------------------------
    Ashvin Kulkarni
    Accountant
    Pune
    India
    ------------------------------