IE 201 – Exam 2 -Create/Review Lecture Notes 1 hour -Do Practice Problems from Lecture 1 hour -Do Chapter 3 Practice Problems 2 hours -Do Chapter 4 Practice Problems 2 hours -Do Erick Practice Exam 1 hour -Look up IE Book 4 th Edition (Green Book Edition), ones without answer key CHAPTER 3 I. Shifted Uniform Series -P/A factor -F/A factor II. Shifted Series and Random Single Amounts III. Using Spreadsheet Functions IV. Shifted Arithmetic Gradients -Conversion to P and A V. Shifted Geometric Gradient -Negative CHAPTER 4 I. Interest Rate Terminology II. Effective Interest Rates III. Nominal Interest Rates IV. Effective Annual Interest Rates V. Equivalence Relations
IE 201 Exam 2-Create/Review Lecture Notes1 hour-Do Practice
Problems from Lecture1 hour-Do Chapter 3 Practice Problems2
hours-Do Chapter 4 Practice Problems2 hours-Do Erick Practice Exam1
hour-Look up IE Book 4th Edition (Green Book Edition), ones without
answer key
CHAPTER 3I.Shifted Uniform Series-P/A factor-F/A
factorII.Shifted Series and Random Single AmountsIII.Using
Spreadsheet FunctionsIV.Shifted Arithmetic Gradients-Conversion to
P and AV.Shifted Geometric Gradient-Negative
CHAPTER 4I.Interest Rate TerminologyII.Effective Interest
RatesIII.Nominal Interest RatesIV.Effective Annual Interest
RatesV.Equivalence Relations-Length of Payment Periods
(PP)-Compounding Period (CP)VI.Equivalence Relations-PP-CP-Single
AmountsVII.Series with CC, CPVIII.Effective Interest Rate for
Continuous CompoundingIX.Interest Rates Vary Over TimeX.Varying
Rates: Finding Present Worth
Note: *Always use effective rates in interest formulas
*Must understand: interest period, compounding period,
compounding frequency, and payment period*Interest rates are stated
different ways; must know how to get effective rates*For single
amounts, make sure units on i and n are the same
