Material Detail

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.


More about this material


Disciplines with similar materials as Time Value of Money


Log in to participate in the discussions or sign up if you are not already a MERLOT member.
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