**Note: Calculator error on the answer to #4 at 18:42- It should The answer should be $3,696.900 + $4,295.278=$7,992.178. The formula is correct, I just rushed those fingers on the calculator.
Video 3 of 3: Bond Valuation, and Calculating Mortgage Payments. What is a Bond, and why does the value drop when interest rates rise? How can we easily calculate mortgage payments? Using some of the basic formulas from the precious two videos, these formulas are shown to be easy to derive and remember. We don't just show the formulas, we derive them in a way you can easily repeat for yourself.
Playlist of 3 videos: • Financial Mathematics
Download Handout: drive.google.com/file/d/1O_Ui...
Download Excel File: drive.google.com/file/d/1gFb8...
--
My Website: www.burkeyacademy.com/
Support me on Patreon! / burkeyacademy
Talk to me on my SubReddit: / burkeyacademy
Buy me a cup of coffee on PayPal? paypal.me/BurkeyAcademy
--
00:00 - Brief Review
2:33 - What is a Bond?
4:15 - Real Example Bond
7:25 - Present Value of a Bond
16:45 - PV of Example Bond
19:08 - Mortgages
22:20 - Calculating Mortgage Payments
24:41 - Common Sense All-In-One Formula