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Financial Literacy

resources to build and help understand financial obligations and concerns

Review

 

Time value of money results from
the concept of interest. It
impacts
business finance, consumer
finance, and government finance.

Image result for time value of money

Follow this self-paced Time Value of Money course.

It starts with an introduction to simple interest and compound interest, and goes on to

- illustrate the use of time value of money tables,
- show a matrix approach to solving time value of money problems,
- and introduce the concepts of intrayear compounding, annuities due, and perpetuities.

A simple introduction to working time value of money problems on a financial calculator is included as well as additional resources to help understand time value of money.


Other guides in this Study Finance Series may also be of interest.