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An Activity to help students understand when to use Positive and Negative numbers in spreadsheets\/calculator functions.<\/p>\n","dialogs":[{"tips":{},"text":"

Suppose you will receive $100 per month for the next three years and you have nothing today.<\/p>\n\n

Is the value of the payment (PMT) positive or negative?<\/strong><\/em><\/p>\n","answer":"

A positive amount for PMT is entered because you are receiving<\/strong> $100.<\/p>\n"},{"tips":{},"text":"

Suppose that you are offered an investment which will pay you $1,000 per year for 10 years.<\/p>\n\n

Is the value of the payment (PMT) positive or negative?<\/strong><\/em><\/p>\n","answer":"

A positive amount for PMT is entered because you are receiving<\/strong> $1,000.<\/p>\n"},{"tips":{},"text":"

Suppose that you are offered an investment which will pay you $1,000 per year for 10 years.<\/p>\n\n

How much should you be willing to pay for this annuity<\/strong> if you can earn a rate of 9% per year on similar investments?<\/p>\n\n

I<\/strong><\/em>s the value of PV positive or negative? <\/strong><\/em><\/p>\n","answer":"

The value of PV is negative because it represents the amount you would have to pay<\/strong> (cash outflow) today to purchase this annuity..<\/p>\n"},{"tips":{},"text":"

Suppose that you will be borrowing $1,000 each year for 10 years at a rate of 9%, and then paying back the loan immediately after receiving the last payment.<\/p>\n\n

Is the value of the payment (PMT) positive or negative?<\/strong><\/em><\/p>\n","answer":"

A positive amount for PMT is entered because you are receiving<\/strong> $1,000.<\/p>\n"},{"tips":{},"text":"

Suppose that you will be borrowing $1,000 each year for 10 years at a rate of 9%, and then paying back the loan immediately after receiving the last payment.<\/p>\n\n

Is the value of the amount you need to pay back (FV) positive or negative?<\/strong><\/em><\/p>\n","answer":"

The FV is negative because it is a cash outflow (you are paying back<\/strong> the money).<\/p>\n"}],"behaviour":{"enableRetry":true,"disableBackwardsNavigation":false,"scaleTextNotCard":false,"randomCards":false,"maxProficiency":5,"quickProgression":false},"answer":"Turn","next":"Next","prev":"Previous","retry":"Retry","correctAnswer":"I got it right!","incorrectAnswer":"I got it wrong","round":"Round @round","cardsLeft":"Cards left: @number","nextRound":"Proceed to round @round","startOver":"Start over","showSummary":"Next","summary":"Summary","summaryCardsRight":"Cards you got right:","summaryCardsWrong":"Cards you got wrong:","summaryCardsNotShown":"Cards in pool not shown:","summaryOverallScore":"Overall Score","summaryCardsCompleted":"Cards you have completed learning:","summaryCompletedRounds":"Completed rounds:","summaryAllDone":"Well done! You got all @cards cards correct @max times in a row!","progressText":"Card @card of @total","cardFrontLabel":"Card front","cardBackLabel":"Card back","tipButtonLabel":"Show tip","audioNotSupported":"Your browser does not support this audio","confirmStartingOver":{"header":"Start over?","body":"All progress will be lost. Are you sure you want to start over?","cancelLabel":"Cancel","confirmLabel":"Start over"},"title":""}