This is a YouTube-based video in which a Present Value analysis is discussed and the algebraic computation is explained. The idea of what present value means within the context of the time value of money is the main point of the tutorial. A visual explanation of what present value means and the formula to compute it are presented. It could be used as a supplemental explanation for students to access individually or presented as part of a classroom session.
Type of Material:
Tutorial
Recommended Uses:
Educational resource to be incorporated into classroom use in the form of in-class presentation/open discussion and homework assignments using Time Value of Money Concepts in various applications (e.g. Bonds, NPV analysis).
Technical Requirements:
Internet Browser, Media Video Player
Identify Major Learning Goals:
Explain how to compute the present value of an amount using a formula-based method.
Apply the variables in a present-value scenario to a decision-making process.
Discuss how present value analysis affects managerial decisions.
Target Student Population:
Lower division college
Upper division college
Managerial accounting
Finance
Capital budgeting
Prerequisite Knowledge or Skills:
Managerial accounting
Algebra
Calculator-based computations using exponents
Content Quality
Rating:
Strengths:
The formula for present value is used appropriately in the video.
The result of using the formula is not rounded, which is appropriate for the content.
This video explains how to use a formula-based approach instead of present value tables.
Overall the author provides the audience with a comprehensive tutorial aimed at teaching key mathematical concepts regarding the Time Value of Money that can be applied to various applications (e.g. accounting for bond transactions).
Concerns:
The screen was blank for the first 2 minutes of the video.
The handwritten content was a little difficult to follow and would have been difficult to understand without the audio.
The explanation that the result of the present value equation represents an extra amount over a certain investment is not correct – it is the value of the future amount in today’s dollars. However, if the alternative was a certain amount now or a different amount later, the analysis would be correct.
Potential Effectiveness as a Teaching Tool
Rating:
Strengths:
The learning objectives are explained during the first two minutes of the video and it is clear what the student will learn.
It is easy to integrate into curriculum assignments and is an efficient way to learn the concept.
Teachers and students could learn a lot in a short time.
Concerns:
Prerequisite knowledge is not identified
No method of evaluating or determining relationships between concepts is presented.
Ease of Use for Both Students and Faculty
Rating:
Strengths:
Since this is a YouTube video, it is very easy to access from any internet-connected device.
The instructions are very clear and it is very usable.
The author's presentation was professionally done.
Concerns:
The content lacks engagement, especially because of the black screen for the first 2 of the 5-minute video.
The visual appeal is low because it is clearly handwritten and the clarity of the writing is suboptimal.
There are no closed captions and the video must have internet availability to run.
Creative Commons:
Search by ISBN?
It looks like you have entered an ISBN number. Would you like to search using what you have
entered as an ISBN number?
Searching for Members?
You entered an email address. Would you like to search for members? Click Yes to continue. If no, materials will be displayed first. You can refine your search with the options on the left of the results page.
Searching for Members?
You entered an email address. Would you like to search for members? Click Yes to continue. If no, materials will be displayed first. You can refine your search with the options on the left of the results page.
