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Time Value of Money

Time Value of Money

This overview covers an introduction to simple interest and compound interest, illustrates the use of time value of money tables, shows a matrix approach to solving time value of money problems and introduces 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.
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Material Type:
Tutorial
Date Added to MERLOT:
April 28, 2002
Date Modified in MERLOT:
October 25, 2021
Author:
 
Submitter:
Cathy Swift
Asian American, Native American, Pacific Islander Serving Institution Hispanic Serving Institution
Primary Audience:
College General Ed
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
No
Accessibility Information Available:
No
Creative Commons:
No

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Kent Saunders
Kent Saunders (Faculty)
4 years ago
In the excel portion, the future value of uneven cash flows is not calculated correctly.
Chris Garbett
Chris Garbett (Faculty)
8 years ago

An excellent resource.  I have used these pages in several undergad and postgrad courses

Used in course? Yes