Hi Kristine,
PV factor is calculated using the formula - PV = FV * [1/(1+r)^n]
What you need to do in calculator is - Divide '1' with the Denominator only ---> (1+r)^n.
(1+0.10) i.e Divide 1 (Numerator) by 1.10 (Denominator) if your R (Interest Rate) = 10%.
For 1 year --- It will be 1 / 1.10 (for 1st year)
Then press again for Second year.
Hope this helps.
Thanks,
Rohan.
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Rohan Sharma
Analyst
Palampur, District Kangra
India
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Original Message:
Sent: 01-03-2021 11:18 PM
From: Kristine Kaye Cena
Subject: PV factor table
I heard that the PV factor will be available during the exam. But for those who already took the Part 2, do you prefer to use this or you learned how to calculate manually in your calculator? What model of calculator did you use? Which one is more efficient - referring to the table or calculating on your own?
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Kristine Kaye
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