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All Labs – 1 need 90% or higher unlimited attempts to get to that percentage. 20 Questions.
Basic Time Value of Money
Competency
Calculated future value (FV) of a lump sum. (Question 2) P5-4
Calculated present value (PV) for a lump sum. (Question 7 and
17) P5-15 and P6-15
Calculated number of years to reach future value. (Question 9)
P5-18
Calculated number of years with non-annual compounding
periods. (Question 11) P5-24
Mastery
Calculated the future value (FV) of a lump sum with different
compounding periods. (Question 1 Part A) P5-2
Calculated the future value (FV) of a lump sum with different
interest rates. (Question 1 Part B) P5-2
Calculated the future value (FV) of lump sum with different years
and compounding periods. (Question 3 All Parts) P5-5
Calculated present value (PV) of a lump sum. (Question 4 Part A)
P5-12
Calculated number of years to retirement. (Question 4 Part B)
P5-12
Calculated number of years with annual interest. (Question 5)
P5-13
Annuities
Competency
Calculated future value (FV) of an ordinary annuity. (Question 12)
P6-1
Calculated present value (PV) of an ordinary annuity. (Question
13) P6-2
Calculated the present value (PV) of an annuity due. (Question
20) P6-30
Mastery
Calculated the future value (FV) of an ordinary annuity given
different time periods. (Question 14) P6-3
Calculated the payment amounts for annuity. (Question 15) P6-8
MT217M3 Competency Assessment Rubric and CLA and Grade Chart
Calculated the number of periods for an annuity. (Question 16)
P6-13
Calculated annual payment amounts for an annuity. (Question
19) P6-19
Applied TVM to Calculate Interest Rates
Competency
Calculated interest rate for a lump sum. (Question 6 and 8) P5-14
and P5-16
Mastery
Calculated the annual interest rate that must be earned to reach
the retirement goal. (Question 18) P6-18
Calculated annual interest rate. (Question 10) P5-22
Total Competency Criteria:
Total Mastery Criteria: