Summary and Final Tasks

Summary

In Lesson 2 we have learned:

• nominal, period, and effective interest rates based on a discrete compounding of interest;
• present, annual, and future values and the conversions between the values as one of the most important fundamentals of the class; and
• how to conduct rate of return and break-even analysis, which are very critical frameworks for investment decision-making.

Reminder - Complete all of the Lesson 2 tasks!

You have reached the end of Lesson 2! Double-check the to-do list on the Lesson 2 Overview page to make sure you have completed all of the activities listed there before you begin Lesson 3.