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Materials from Class - 2021-9
Mon 11/8
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Topics
Applying PV to policies instead of classes
Net present value (NPV)
Extending PV to multiple periods
PV formula 1: single payment
PV formula 2: a stream of payments
PV formula 3: infinite stream
PV formula 4: delayed infinite stream
Class Materials
Notes part 1
Daily exercise on PV formulas 1-2
Daily exercise on PV formulas 1-2: solution
Notes part 2
Other Resources
Present value quick reference guide
Readings and exercises on present value
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Peter J Wilcoxen, The Maxwell School, Syracuse University
Revised 12/30/2021