Why do we need a math review?

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Presentation transcript:

Why do we need a math review? FI 3300 - Corporate Finance Leng Ling Why do we need a math review? Success in this course requires a certain level of mathematical knowledge. How to solve equations?

FI 3300 - Corporate Finance Leng Ling Questions 2Y(6 – 10/Y)=8, Y=?

2(100 + g) - 40 = 4g + 20, g=?

Given that (12 + 14X )/(5 + 2X) = 6, solve for X. Given that P = D/(k – g), P= 50, D = 5 and g = 0.2, solve for k.

The sales last year was $6,500 The sales last year was $6,500. The expected growth rate this year is 3%. What is the expected sales for this year? What is the expected sales next year if the growth rate next year is 5%?