Abstract
By the end of this chapter, you should be able to:
-
appreciate the concept of ‘time value of money’
-
compare simple and compound interest
-
calculate future value lump sum and prevent value lump sum
-
distinguish between effective rate and stated rate
-
explain and calculate perpetuities
-
calculate future and present values based on annuities
-
distinguish between ordinary annuity and annuity due
-
explain and calculate amortisation
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsAuthor information
Authors and Affiliations
Rights and permissions
Copyright information
© 2017 The Author(s)
About this chapter
Cite this chapter
Abor, J.Y. (2017). Time Value of Money. In: Entrepreneurial Finance for MSMEs. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-34021-0_11
Download citation
DOI: https://doi.org/10.1007/978-3-319-34021-0_11
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-34020-3
Online ISBN: 978-3-319-34021-0
eBook Packages: Economics and FinanceEconomics and Finance (R0)