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DrillBusiness
Time Value of Money Essentials
Drill the key definitions and formulas for time value of money, interest, and returns.
Management & Tools
Deck Contents
20 CardsQuiz#1
What does the time value of money mean?
A sum of money is more valuable now than later, as it can be invested and earn interest over that period
Quiz#2
What does PV stand for?
Present value
Quiz#3
What does n represent?
Time period
Quiz#4
What does r represent?
Interest rate
Quiz#5
What does FV stand for?
Future value
Quiz#6
What is compound interest?
Interest that is reinvested so it also earns interest in future periods
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