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A Parent Decides That She Lacks Knowledge About Child Development

question 10

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A parent decides that she lacks knowledge about child development and enrolls in a class on infant development. This is an example of

Understand how to calculate the present value of single sums of money using discounting.
Understand the future value and present value concepts of annuities, including ordinary annuities and annuities due.
Ability to use financial tables or financial calculators to find present value (PV), future value (FV), present value of an annuity (PVA), and future value of an annuity (FVA).
Understand the impact of changing interest rates and time periods on future and present value calculations.

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