Brief Introduction
This course will discuss Sinking Funds and how they are used to work towards a future need for capital.Description
Sinking Funds are used by businesses when they need to accumulate a large amount of capital for use at some point in the future. This course will introduce you to sinking funds as savings vehicles with the goal of reaching a certain goal at some future point in time. We will also discuss the details behind the construction of sinking fund schedules.
You will receive a workbook style set of notes to accompany the video lessons. The course will probably take you 1 - 2 days to complete depending on how much time you devote to it. You will take this course is you are interested in seeing a real application of annuities in the business world.
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Requirements
- Requirements
- you will need to have completed Ordinary Simple Annuities or have some understanding of how annuities work.
- you will need a scientific calculator with an exponent key, a logarithm function (Log or Ln) and at least one memory or a Business Financial Calculator
Helen Dakin
3 Raiting
9. Sinking Funds
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This course will discuss Sinking Funds and how they are used to work towards a future need for capital. ....
