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