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Time Value of Money 1: Present and Future Value

Title:  Time Value of Money 1: Present and Future Value 

Description: This is a beginning course on the importance of understanding the time value of money.  This is a critical part of the language of finance.  This section discusses present value, future value, annuities, and inflation

Difficulty Level: Intermediate. This course is recommended for all individuals.

Time to Complete: To complete this course, I estimate it will take about 2 hours.

Output: As an assignment,  I recommend that you get either a financial calculator, or use the Excel based financial calculator from the Teaching Tools (Learning Tool 12: An Excel Based Financial Calculator).  You will learn how to use your financial calculators in the process of learning about the time value of money. A tutorial on how to use the major types of financial calculators is also included (Learning Tool 3: Financial Calculator Tutorial).

Prerequisites for this Course: None.  I recommend you first complete the Another Perspective on Wealth Course.



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