9. Sinking Funds
3.0 (1 rating)
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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.
205 students enrolled
Created by Helen Dakin
Last updated 2/2014
English
Current price: $10 Original price: $20 Discount: 50% off
5 hours left at this price!
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Includes:
  • 43 mins on-demand video
  • 1 Article
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • 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
View Curriculum
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
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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Who 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
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Curriculum For This Course
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Sinking Funds and Sinking Fund Schedules
5 Lectures 42:47

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.

Preview 7 pages



example 3
17:54

sinking funds
2 questions

summary
00:03
About the Instructor
Helen Dakin
4.3 Average rating
16 Reviews
1,707 Students
10 Courses
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.