Students can't be Wrong!
GET BEST GRADE, ORDER NOW
Time Value of Money
Definition of Time Value of Money
Time value of money can be interpreted in mathematical calculation, which solves one of several variables in a financial problems, a typical example of variable would be a balance (the mentioned facts in a balance are the real and nominal value of a debt or a financial asset in terms of monetary units), a periodic rate of interest, the period numbers and a series of cash flows.
In other words, Time value of money is the calculative idea which tells that the present money is more worthy than the same amount in the future due depending on the potential of its earning capacity. Finance carries the core concept that provides the idea that provided money can interest, any amount of money is worth more the sooner it is received.
Books on Time Value of Money
Foundations and Applications of the Time Value of Money By Pamela Peterson Drake, Frank J. Fabozzi (published by John Wiley & Sons, 2009)
Using Financial Calculators for Time Value of Money Calculations By Johan Marx (published by Pearson South Africa, 2009)
How Time Value of Money works?
Here are a few of practical examples, with which the notion of Time value of money can be clarified, here are two of examples are discussed below,
- For example, suppose a investment worth of $100 with 5% interest for one year, after completing the whole one year the money will reach $105 ($100 multiplied by 1.05), when coming in opposite direction $100 received one year from now is only worth $95.24 today, ($100 divided by 1.05), with the assumption of 5% interest.
- Let’s say a person is given choice of $4000 in recent or $5000 in near four years? What do you think what would the choice of the person, when the person compare the two numbers, he would be lenient towards $5,000 rather than $4,000, because the money he would receive in four years, is more the value which is recent time.
How MyAssignmentHelp.com will be helpful in Time value of money topics?
MyAssignmentHelp.com knows how to handle the problem situation in coursework; the expert team is dedicated to take care of the difficulties that are mainly faced by students. You can call for help if you think your confident will be boosted if you get expert advice in assignment writing. There are many things in essay and dissertation writing that a student needs to handle where MyAssignmentHelp.com will help them. If think daily homework solving as a burden, MyAssignmentHelp.com is the suitable option that you can afford for.
Other services provided by MyAssignmentHelp.com students for US, UK and Australia students
You can contact our customer support according to your feasibility, as they are 24*7 online to help you. If want a helping hand in your assignment writing, online assignment help will ensure that you have the right skills to accomplish your assignment writing. MyAssignmentHelp.com essay writing help is provided in order to create good quality essays by students. Dissertation writing services has been formulated to assist the students in their dissertation writing. The expert writers of MyAssignmentHelp.com offer homework help in order to comfort students in homework solving.