When you deposit or borrow funds, you have to understand how the frequency of compounding impacts the cash flows you will receive or pay. This model calculates the PV/FV of an investment by considering the different compounding frequencies.
This is an open-access Excel template in XLSX format that will be useful for anyone who wants to work as a Banker, Investment Professional, or Corporate Finance Practitioner.
You can now download the Excel template for free.
Time value of money is among the topics included in the Quantitative Methods module of the CFA Level 1 Curriculum.