The Time Value Of Money

Personal Finance: Another Perspective Time Value of Money

Objectives ,[object Object],[object Object]

How important is interest? ,[object Object],[object Object]

Assessment #1: Pay or Earn Interest ,[object Object]

Answer #1: Interest ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Assessment #2: The Savings Model ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Answer #2: Savings ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Assessment #3: The Expensive Car ,[object Object],[object Object],[object Object],[object Object]

Answer #3: The Car ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Assessment #4: The Costly Mistake ,[object Object]

Answer #4: The Costly Mistake ,[object Object],Time Really makes a difference—do it Now!!

Answer #4: The Costly Mistake (continued) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Assessment #5: Adjusting for Inflation ,[object Object]

Answer #5: Inflation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Answer #5: Inflation (continued) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Assessment #6: Effective Interest Rates ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Answer #6: Effective Interest Rates ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Assessment #7: Credit Cards ,[object Object],[object Object],[object Object],[object Object]

Answer #7: Credit Cards ,[object Object],[object Object],[object Object],[object Object]

Answer #7: Credit Cards (continued) ,[object Object],[object Object],[object Object],[object Object]

Review of Objectives A. Do you understand the importance compound interest and time?

The Time Value Of Money

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The Time Value Of Money