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ERIC Number: EJ1052630
Record Type: Journal
Publication Date: 2009
Pages: 12
Abstractor: As Provided
ISSN: ISSN-1942-2504
Time Value of Money and Its Applications in Corporate Finance: A Technical Note on Linking Relationships between Formulas
Chen, Jeng-Hong
American Journal of Business Education, v2 n6 p77-88 2009
Time Value of Money (TVM) is the most important chapter in the basic corporate finance course. It is imperative to understand TVM formulas because they imply important TVM concepts. Students who really understand TVM concepts and formulas can learn better in chapters of TVM applications. This technical note intends to present more complete TVM formulas and link their relationships from the growing annuity perspective to assist instructors in teaching and students in learning. Although TVM formulas are already available in the textbooks, this technical note provides another perspective of presenting and summarizing TVM formulas. The simplification or extension of the growing annuity formula to reach other TVM formulas is discussed in this note.
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A