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Class notes

Class #6 (Finance 1)

  • We infer a value upon money – this is caused by interest.
  • Formula to calculate the value of the money (Compound interest):

$1,000 (Today) x 1.1 = $1,100 (Future) 1st year

$1,100 x 1.1 = $1,210 2nd year

  • “Coke is back to bottling their products” (instead of having another firm to do that): they calculate the future profit value and the present value.
  • Facebook share price is dropping
  • Europe lending more money will only increase its debt since all the countries that lend the money desire a higher interest rates.

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