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Material Detail

Time Value of Money

Time Value of Money

This is a simple lesson plan to introduce the time value of money. Topics covered include opportunity cost, compound interest and simple interest. The student version also includes a chart which students complete to determine how long it takes to double their money.
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Material Type:
Reference Material
Date Added to MERLOT:
May 12, 2000
Date Modified in MERLOT:
June 12, 2018
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:
Unknown
Creative Commons:
No

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Paula Jordan
Paula Jordan (Faculty)
6 years ago
The link did not work for this material.
Susan Moncada
Susan Moncada (Faculty)
22 years ago
This module developed for grades 9-12 provides an introductory lesson on future
value concepts. As part of the EconEdLink site sponsored by the National
Council on Economic Education (NCEE), the tutorial is very nicely done. Both
teacher and student versions are available with a link in the teacher's version
to the NCEE Standard targeted. Students complete an online table to illustrate
the concept of compounding interest in order to determine how many years it
would take to double their investment.