acct2300 at Texas Tech

Videos

1 Interest Bearing Notes
When you borrow money, you don't get it for free. Here, we're going to calculate the interest on an interest bearing loan.
8:26
2 Non-interest Bearing Notes
"Non-interest bearing" is kind of a misnomer. You may not have to pay interest, but yo don't get all the cash up front, so it ends up being an interest expense anyway!
6:16
3 Contingencies
A contingent liability is based on something else. You may or may not have to pay this sort of liability.
5:58
4 What is Present Value
What does the "present value of money" actually mean? Why are we calculating it and why do we spend so much time talking about it?
8:15
5 Simple vs Compound
Compound interest is the most powerful force in the universe. -Einstein
14:41
6 PV of a Lump Sum
A lump sum is a single amount of money that we're trying to figure out the value of. $4,000 in ten years is different than $4,000 today. Using the present value of a lump sum, we can figure out how much that $4,000 in ten years will be worth today.
4:39
7 PV of a Lump Sum
We're gonna do another PV of a lump sum problem, and this time you need to watch out for the compounding frequency.
6:09
8 Ordinary Annuity
An ordinary annuity is just a series of regular payments over some period of time.
7:16
9 Purchasing with an Annuity
Often times, a company will buy equipment but not pay for the full amount up front. In this way, a company can purchase equipment using an ordinary annuity.
4:31
10 Finding the Payment
If you already know the present value of the annuity, how can you find the payment amount? That's what we'll tackle in this problem.
6:07
Chapter 10 →

Practice Problems

Click Here to View All Chapter 9 Problems at Once View
1 Liability Classification Easy
2 Contingent Liabilities Moderate
3 Contingent Liabilities - Warranties Moderate
4 Purchasing with a Non-Interest Bearing Note Moderate
← Chapter 8