9. Sinking Funds

This course will discuss Sinking Funds and how they are used to work towards a future need for capital.
3.0 (1 rating) Instead of using a simple lifetime average, Udemy calculates a
course's star rating by considering a number of different factors
such as the number of ratings, the age of ratings, and the
likelihood of fraudulent ratings.
206 students enrolled
Instructed by Helen Dakin Business / Finance
$19
$20
5% off
Take This Course
  • Lectures 5
  • Length 1 hour
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
Wishlisted Wishlist

How taking a course works

Discover

Find online courses made by experts from around the world.

Learn

Take your courses with you and learn anywhere, anytime.

Master

Learn and practice real-world skills and achieve your goals.

About This Course

Published 2/2014 English

Course 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.

What are the 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

What am I going to get from this course?

  • you will be able to determine the size of the sinking fund deposit
  • you will be able to construct a sinking fund schedule and show the details of the first and second deposit
  • you will be able to construct the last 2 rows of a sinking fund schedule
  • you will be able to jump into the sinking fund schedule for any deposit period and determine the earned interest and the increase in the sinking fund for that period
  • you will have a complete set of detailed notes when you have finished this course

What is the target audience?

  • students who are taking a mathematics of finance course
  • students who are in a CFA program
  • students in a Business Progam
  • students who need an additional resource for sinking fund calculations

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Sinking Funds and Sinking Fund Schedules
7 pages

These will serve as your lecture notes while you are viewing the videos. Print them in advance and use them to make your notes while you are solving the problems.

Sinking Funds - example 1
Preview
11:51
example 2
Preview
12:59
example 3
17:54
sinking funds
2 questions
summary
Article

Students Who Viewed This Course Also Viewed

  • Loading
  • Loading
  • Loading

Instructor Biography

Helen Dakin, Learning & Development (L&D)

Hi. I hold a 4 year Bachelor of Mathematics degree from the University of Waterloo and a B Ed (Honours) from the University of Western Ontario. While I have been trained as a high school mathematics educator, I have had the pleasure of teaching mathematics at the post secondary level for four community colleges in southern Ontario. When I am not teaching, I like to fool around with my camera, muck about in my garden, read a good book and sail around in my boat. Not necessarily in that order. Browse through all of my Udemy courses on Mathematics of Finance.

Ready to start learning?
Take This Course