Chapter 3 The Time Value of Money. 2 Time Value of Money The most important concept in finance Used in nearly every financial decision Business.
Chapter 3 The Time Value of Money (Part 1). © 2013 Pearson Education, Inc. All rights reserved.3-2 1.Calculate future values and understand compounding.
The Time Value of Money (Part 1). 1. Calculate future values and understand compounding. 2. Calculate present values and understand discounting. 3. Calculate.
HCM 570 Financial Management in Healthcare August 14-December 18, 2004 Joseph Callaghan, Ph.D. Oakland University Accounting and Finance.
Chapter 3
HCM 570 Financial Management in Healthcare August 14-December 18, 2004
Time Value of Money Chapter 5. Important Concepts to be discussed 1.Opportunity cost and TVOM 2.Simple vs. Compound Interest 3.Lump sum payments 4.Annuities.
© The McGraw-Hill Companies, Inc., 2008 McGraw-Hill/Irwin Chapter 4 Future Value, Present Value and Interest Rates.
9 - 1 The financial (monetary) value of any asset (investment) is based on future cash flows. However, the value of a dollar to be received in the future.
