Fin 200 Week 8 Solution
CheckPoint: Time Value of Money
- Resource: Ch. 7 of Foundations of Financial Management
- Due Date: Day 5 [Individual forum]
- Write a 200- to 300-word description of the four time value of money concepts: present value, present value of an annuity, future value, and future value of annuity. Describe the characteristics of each concept and give an example of when each would be used.
