Time Value of Money is a self-paced tutorial divided into the following
segments: simple interest, compound interest, compound interest formula, future
value tables, annuities, present value, present value of an annuity, intrayear
compounding, annuities due, perpetuities, using a financial calculator, and
additional resources (problem bank). Each tutorial begins with instruction and
a demonstration of a concept followed by an example the learner is asked to
solve. At the conclusion of each segment, learners can test their understanding
by completing a practice exercise that is comprised of two or three problems.
Time Value of Money tables have been included where applicable. Instructions
along with illustrations for using Excel to solve time value of money is also
As a result of completing this tutorial, students will understand and apply
concepts associated with the time value of money in the following areas: simple
interest, compound interest, future value, present value, ordinary annuities,
annuities due and perpetuities. In addition, students will be able to: use a
financial calculator or an Excel spreadsheet to solve time value of money
problems, as well as time value of money tables to solve problems.